NEWS
Aluminium   Lead and Zinc  

Indian Govt Initiates Anti Dumping Investigation on Imports of Galvalume Steel Products

Indian govt has initiated investigation of anti-dumping on the imports of Aluminum and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.

The process has been initiated owing to injury to the domestic industry caused by dumped imports since the volumes of imports to India have rose significantly from subject countries.

The application has been filed by major steel producer named JSW Steel Coated Products Limited as they account for more than 60% of the total Aluminum and Zinc Coated Flat Products production in India

Meanwhile there are three other major producers in India,namely, M/s.Tata BlueScope Steel Private Limited, M/s. Tata Steel BSL Limited and M/s. Asian Colour Coated Ispat Limited. However, M/s. Asian Colour Coated Ispat Limited has not produced the PUC from 2017 on-wards.

The Product under Consideration (PUC) for initiation of anti-dumping initiation involves following HS codes - 72106100, 72125090, 72259900 and 72269990 of the Customs Tariff Act, 1975. The PUC is also being imported under other Customs Tariff Items 72101290, 72103090, 72104900, 72106900, 72107000,72109090, 72121090, 72122090, 72123090, 72124000, 72169910, 72255010,72259100, 72259200, 72269930 etc.

However the investigation does not include the following products
i. Flat rolled steel products coated with Zinc without addition of
Aluminum;

ii. Flat rolled color coated steel products

SteelMint in conversation with steel participants involved close to the matter shared that this is just the beginning and investigation has been initiated. There will be time involved in the investigation process followed by which final findings will be made and announced.

Linked PDF

Indian GP/GC imports in CY18- As per the data maintained with SteelMint , the total imports of GP/GC to India stood around 0.85 MnT. Out of which India imported 0.49 MnT of GP/GC from South Korea, 0.17 MnT from China and 0.16 MnT from Vietnam in CY18 .

News No: 4241
Date: 2019/04/08 - 13:56
News Source: SteelMint

Indian  Steel  Aluminum  Zinc  RP 

Comments:

Leave a Comment:

   
   
   
 

Two new coal mine proposals under review in British Columbia

Continued strong global demand for steelmaking coal, especially in China and India, may be behind two new coal mine proposals in Canada’s British Columbia province.
 

India: Domestic Pellet Market Observes Limited Trades

Durgapur (eastern India) based pellet makers have raised offers following hike in sponge prices. SteelMint’s reference pellet price assessment stands at INR 6,500/MT (delivered) up by INR 200-300/MT against INR 6,200-6,300/MT in last week.
 

Daily Update: Indian Semis Offers Fall Further

Indian steel prices fall further due to weak demand & strong supply in across markets and as per daily assessment the prices drop by INR 100-400/MT(upto USD 6).
 

Indian Govt Recommends Imposition of Provisional Anti Dumping Duty on Galvalume Steel Products

Indian govt has issued preliminary findings in its initiated investigation of anti-dumping on the imports of Aluminum and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.
 

India: JSW Steel Iron Ore Sourcing Up 18% in June’19

JSW Steel-- India's largest steel maker total iron ore sourcing recorded at 2.05 MnT in June'19. The sourcing witnessed 18% rise M-o-M as against 1.73 MnT in May'19. On yearly basis, sourcing fell marginally in June'19 as against 2.09 MnT in June'18.
 

Vietnam: Imported HRC Offers Decline Amid Limited Buying

With the commencement of this week, imported HRC offers to Vietnam registered decline by USD 5-10/MT W-o-W on the back of softening prices in Chinese steel market owing to sparse trading and ‘wait & watch’ approach adopted by Vietnam based end users.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners