August 02, 2021
The products under consideration
"The authority hereby initiates an investigation into the alleged dumping
causing consequent injury to the domestic industry. SAIL, Rashtriya Ispat Nigam,
Usha Martin and JSW Steel have filed a petition before the DGAD for initiation
of anti-dumping investigation and imposition of the taxes on the alleged dumped
imports of "Wire Rod of Alloy or Non-Alloy Steel" originating in or exported
from China.. The Directorate General of Anti-Dumping and Allied Duties (DGAD)
"prima facie finds sufficient evidence of dumping" of the products from that
country.. Countries start anti-dumping probe to determine whether their domestic
industries have been hurt due to surge in below-cost imports.jpeg According to a
WTO report, India, the US and Brazil were the leading initiators of anti-dumping
investigations in 2015. The period of Threaded Rod Astm
Manufacturers investigation covers to determine the existence, degree and
effect of dumping and recommend the amount of anti-dumping duty, which if
levied, would be adequate to remove the injury to the domestic industry," the
DGAD has said in a notification. India has already imposed anti-dumping duty on
several products to tackle cheap imports from some countries including China.
The injury investigation period will also cover 2012-2013, 2013-2014, 2014-2015,
April 2015-December 2015. The products under consideration in this investigation
are bars and rods, hot-rolled, irregularly wound coils, iron or non-alloy steel
or alloy steel, which are commonly known as wire rods. New Delhi: The government
has initiated a probe into dumping of certain steel items used in automotive and
construction industry from China, in order to protect the domestic industry.
According to a WTO report, India, the US and Brazil were the leading initiators
of anti-dumping investigations in 2015. It is used in many applications and
sectors such as automotive components, welding electrodes, fasteners including
nuts and bolts, nails, railway sleepers, general engineering, binding wires for
construction industry, armoured cables. Besides, it said the applicants have
requested for retrospective imposition of the anti-dumping duty. The WTO members
initiated 107 new anti-dumping investigations from January-June 2015, slightly
up from 106 in the same period in 2014, the report added. As a counter measure,
they impose duties under the multilateral regime of WTO. end-of. The duty is
aimed at ensuring fair trading practices and creating a level-playing field for
domestic producers vis-a-vis foreign producers and exporters.According to a WTO
report, India, the US and Brazil were the leading initiators of anti-dumping
investigations in 2015.Medi_
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02:29 AM
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