15 MARCH 2017AlCircle.com
India considers anti-dumping duty on aluminium foil import from China
Edited by : Heena Iqbal
1 min read
<p>Indian government is considering the possibility of imposing anti-dumping duty of up to USD 1.63 per kg on imports of aluminium foil in order to protect domestic manufacturers from cheap imports from China. Hindalco Industries, Raviraj Foils, and Jindal India have registered an application for initiating anti-dumping investigations.</p>
<p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/pl322678-8011h22_aluminium_foil.jpg" alt="news" width="517" height="226" /></p>
<p>The Directorate General of Anti- Dumping and Allied Duties (DGAD) said, “…having established a positive dumping margin as well as material injury to the domestic industry caused by such dumped imports, the authority is of the view that imposition of duty is necessary to offset dumping and injury.”</p>
<p>DGAD has noticed that imports of aluminium foil from China below its normal value that has caused in dumping. DGAD has recommended the duty in the range of USD 0.69 per kg to USD 1.63 per kg on imports of aluminium foils.</p>
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<p>Anti-dumping duties are meant to protect the domestic manufacturers that have been hurt by a surge in below-cost imports and to ensure fair trade practices.</p>
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