The Indian government is weighing the imposition of a provisional antidumping duty on imported aluminium- and zinc-coated flat products of up to US$199 per metric ton on imports from Vietnam, the People’s Republic of China, and the Republic of Korea. Such was the message conveyed in a circular distributed by the Commerce Ministry earlier this week.
An investigation carried out by the ministry’s Directorate General of Trade Remedies (DGTR) determined that the country has seen a sharp rise in imports of aluminium- and zinc-coated flat products over the past several months, with the majority of the new imports being sold in India at below-market prices.
The investigation, which was prompted by a complaint from JSW Steel Coated Products Ltd., also found that the jump in low-cost imported aluminium- and zinc-coated flat products inflicted a material harm on India’s domestic suppliers of similar products, necessitating the need for protectionist measures.
“Having initiated and conducted the investigation into dumping, injury and causal link…, the authority is of the view that imposition of provisional duty is required to offset dumping and injury, pending completion of the investigation,” explained the DGTR in its notice.
The DGTR recommends a duty of between US$28.67 and US$199.53 per metric ton of imported aluminium- and zinc-coated flat products, but the final say on import duties will be made by the Finance Ministry.
India’s antidumping investigation was carried out under the rubric of the World Trade Organization. Since April 2018 the DGTR initiated two dozen antidumping investigations and issued over four dozen findings in antidumping cases already started. The DGTR’s investigation is considered a quasi-judicial probe permitted under the WTO’s rules and guidelines.