IREPAS - International Rebar Producers and Exporters Association » Pakistan

Pakistan cuts scrap import tax for melters

Irepas — Wed, 22 Sep 2021 11:15:32 +0000

The Pakistani government has issued a decree according to which the sales tax on certain import products, in particular on steel scrap, is reduced from 17 percent to 14 percent. It is noteworthy that the amendment relates only to steel melters importing scrap for further processing. Meanwhile, for traders dealing with scrap as a finished product the sales tax will remain at 17 percent as before.

Pakistan imposes final antidumping duty on rebar imports from China

Irepas — Wed, 25 Oct 2017 16:14:06 +0000

Pakistan’s National Tariff Commission has announced that it has imposed final antidumping duty on imports of deformed concrete reinforcing steel bars from China for a period of five years effective from October 23. The commission stated that the antidumping duty will not be levied on imports of the investigated product that are solely used as input in products destined solely for exports. Accordingly, the final antidumping duty for the deformed concrete reinforcing steel bars imports from China stand at 19.15 percent.

The investigation was launched in November 26, 2016, upon the application lodged by local producers Amreli Steels Limited, Agha Steel Industries Ltd. and Abbas Engineering Industries.

The products subject to final AD duty currently fall under the Customs Tariff Statistics Position Numbers 7214.2010, 7214.2090, 7214.3010, 7214.3090, 7214.9910, 7214.9990, 7215.1010, 7215.1090, 7215.5010, 7215.5090, 7215.9010, 7215.9090, 7228.2090, 7228.3090, 7228.1000, 7228.4000, 7228.5000 and 7228.6000.

Final antidumping decision for billet imports from China to Pakistan

Irepas — Wed, 28 Jun 2017 16:01:48 +0000

Pakistan’s National Tariff Commission has announced the final results of its antidumping duty investigation on imports of continuous casting billets from China.

Accordingly, the commission has determined that the domestic industry suffered material injury due to the significant increase in the volume of dumped imports, significant price undercutting by the dumped imports, a decline in market share, a decline in sales, a decline in return on investment, as well as negative effects on inventories, profits and employment. Therefore, the commission has decided to impose a definitive antidumping duty of 24.04 percent on continuous casting billets from China for a period of five years effective from June 22. Meanwhile, the commission noted that this antidumping duty will not be levied on imports of the investigated product that are to be used as inputs in products destined solely for exports and are covered under any scheme exempting customs duty for exports.

The products subject to the antidumping duty investigation currently fall under Customs Tariff Statistics Position Numbers 7207.1110, 7207.1190, 7207.1210, 7207.1290, 7207.1910, 7207.1920, 7207.1990, 7207.2010, 7207.2020, 7207.2090, 7224.1000 and 7224.9000.

Pakistan launches antidumping investigation on rebar imports from China

Irepas — Thu, 01 Dec 2016 15:20:14 +0000

Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation on imports of deformed concrete reinforcing steel bars from China. The investigation was initiated upon a complaint by local producers Amreli Steels Limited, Agha Steel Industries Ltd. and Abbas Engineering Industries, alleging that the products under investigation are being exported to Pakistan at dumped prices from China and have caused and are threatening to cause material injury to the domestic industry.

The investigation covers the period from July 1, 2015 to June 30, 2016.

Preliminary antidumping decision for billet imports from China to Pakistan

Irepas — Tue, 17 May 2016 16:41:04 +0000

Pakistan’s National Tariff Commission has announced its preliminary results concerning its antidumping (AD) duty investigation on imports of continuous casting billets from China.

Accordingly, on preliminary basis, the commission has established that the domestic industry suffered material injury due to the significant increase in the volume of dumped imports, the magnitude of the dumping margin, significant price undercutting by the dumped imports, significant price suppression, decline in market share, decline in sales, decline in return on investment, and negative effects on inventories, profits, and employment. However, the commission stated that the High Court of Sindh has restrained the commission from taking any coercive action in this case. Further, 15 percent regulatory duty was imposed on imports of continuous casting billets with effect from January 14, 2015; therefore, no provisional antidumping duty has been imposed on imports of the investigated product.

Pakistan initiates dumping investigation against wire rod imports from China

Irepas — Fri, 23 Oct 2015 11:00:29 +0000

Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation against wire rod imports from China.

The investigation will cover the period between July 1, 2014 and June 30, 2015 and it will determine whether the wire rod originating in and/or exported from China was dumped into Pakistan and whether such dumping has caused and/or is causing material injury to the domestic industry.

The products subject to antidumping duty investigation currently fall under Customs Tariff Statistics Position Numbers 7213.9010, 7213.9190, 7213.9990 and 7227.9000.