India to complete antidumping duty investigations and replace minimum import price

India will complete ongoing antidumping investigations on steel imports by end of July so that the minimum import price (MIP), which does not comply with World Trade Organization (WTO) standards, can be replaced by an antidumping duty before the expiry of the MIP in August, an official at India’s Ministry of Commerce said on Tuesday, June 21. The ministry official said that the Directorate General for Anti Dumping and Allied Duties (DGAD) is in... Read More

India initiates AD probe on wire rod imports from China

India’s Ministry of Commerce and Industry has announced that it has initiated an antidumping duty investigation concerning imports of wire rod of alloy or non-alloy steel, originating in or exported from China. The investigation launched upon a complaint received from Indian producers Steel Authority of India Limited (SAIL), Rashtriya Ispat Nigam Limited (RINL), Usha Martin Limited and JSW Steel Limited, alleging that the subject goods are being... Read More

India announced minimum import prices

India’s Ministry of Commerce and Industry has announced a minimum import price for steel imports, valid for six months from the date of notification, February 5, or until further announcements. Imports covered by letters of credit already entered into before the date of notification will be exempt from the minimum import price implementation. The minimum steel import prices for steel billets, reinforcing bars and wire rods are as follows: Billets                     ... Read More

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