ANNOUNCEMENT 02 Jun 2016
In June 2016, the government of India initiated a new anti-dumping investigation and a definitive duty was imposed in October 2017.
NUMBER OF INTERVENTIONS
Government of India, Ministry of Commerce and Industry, Department of Commerce, Directorate General of Anti-Dumping & Allied Duties, Initiation Notification of 2 June 2016: http://www.dgtr.gov.in/sites/default/files/init_Steel_Wire_Rods.pdf
Government of India, Ministry of Finance, Department of Revenue, Notification No. 51/2016-Customs (ADD) of 2 November 2016: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2016/cs-add2016/csadd51-2016.pdf
Government of India, Ministry of Finance, Department of Revenue, Notification No. 48/2017-Customs (ADD), 09.10.2017: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-add2017/48%20of%202017%20cus(ADD)%20english.pdf
On 2 June 2016, the Indian Directorate General of Anti-dumping & Allied Duties, Ministry of Commerce and Industry, initiated an anti-dumping investigation on imports of certain wire rods of alloy and non-alloy steel from China. The products subject to investigation are classified under the following HS code: 7213 and 7227, however excluding 7213.10.90 and 7227.10.00. This investigation follows the application lodged by Steel Authority of India Limited, Rashtriya Ispat Nigam Limited, Usha Martin Limited and JSW Steel Limited.
On 2 November 2016, the Indian Ministry of Finance imposed a provisional anti-dumping duty on the subject goods from China (Notification No. 51/2016-Customs (ADD)). The amount of the duty is USD 499 or 538 per tonne depending on the company. The provisional duty is in force for a period of six months.
On 9 October 2017, the Indian Ministry of Finance, Department of Revenue imposed a definitive antidumping duty on the subject good from China. The rate of duty is USD 535 or 546 per tonne. The duty is in force for a period of five years.