India Launches Anti-Dumping Probe on Chinese Steel Imports

India has begun an anti-dumping investigation into Cold Rolled Non-Oriented Electrical Steel from China. POSCO Maharashtra Steel Pvt. Ltd. and CSCI Steel Corporation India Pvt. Ltd. claim the imports are harming domestic producers. The investigation aims to determine if anti-dumping duties are necessary.


Devdiscourse News Desk | Updated: 30-09-2024 16:31 IST | Created: 30-09-2024 16:31 IST
India Launches Anti-Dumping Probe on Chinese Steel Imports
Representative Image . Image Credit: ANI
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India has launched an anti-dumping investigation into Cold Rolled Non-Oriented Electrical Steel products originating from China, according to a notification from the central government. This move follows an application by POSCO Maharashtra Steel Pvt. Ltd. and CSCI Steel Corporation India Pvt. Ltd. on behalf of the domestic industry, submitted to the Directorate General of Foreign Trade.

The applicants have alleged that the commodity is being imported at dumped prices from China, causing 'material injury' to local producers. They have also expressed concerns that there is a continuing threat of material injury and have requested the imposition of an anti-dumping duty to mitigate further harm.

Cold Rolled Non-Oriented Electrical Steel, used extensively in products from power generators to home appliances, is under scrutiny. The government noted no significant differences in technical specifications or quality between the imported and domestically produced goods, indicating they are technically and commercially substitutable. Stakeholders are invited to submit comments within 15 days.

(With inputs from agencies.)

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