India may impose anti-dumping duties on imported aluminium and zinc coated products
Following the recommendation from commerce ministry’s investigation arm Director General of Trade Remedies (DGTR), the Government of India may reportedly apply a provisional anti-dumping duty between US$ 28.67 per tonne and US$ 199.53 per tonne on imports of aluminium and zinc coated flat products from China, Vietnam, and Korea.
The ministry recommended this after conducting a thorough probe, through which it could conclude that there had been a significant increase in imports of the good from these three countries in absolute terms.
Aluminium and zinc coated flat products are used in infrastructure projects, solar power plants, roofing, and white goods.
DGTR also stated that these products came into India at below their normal values because of which the domestic industry suffered material injury.
However, the final decision to impose the duty will be taken by the finance ministry.
A country conducts an anti-dumping investigation based on applications filed by domestic industries with prima facie evidence of dumping of goods in the country. The probe is a quasi-judicial process allowed under the World Trade organisation (WTO) rules.
In last one year, DGTR initiated 24 anti-dumping investigations and issued final findings in 50 such cases.
Uniprom opens silumin alloys production unit at its local aluminium smelter KAP
Next articleBraidy Industries lacks enough private investment to construct its aluminium rolling mill; seeks alternative financing
Grow with
AL Circle
