India’s Steel Ministry Mulling Changes In Anti Dumping Norms For Steel - Report

17/06/2019 12:00 - 107 total view

PTI, citing sources familiar with the matter, reported that India’s Steel Ministry has suggested commerce counterpart to bring certain changes in norms used for imposing anti-dumping duties with a view to making them more effective for protecting domestic players from cheap imports and that ministry has also flagged issues related to impact of free trade agreements being signed by India with its trading partners, including Japan and South Korea

The government has imposed anti-dumping duty on several steel products from countries including China to guard domestic manufacturers from cheap imports. However, in certain cases, the imposition of duties was not able to contain dumping of products and the government had to initiate anti-circumvention investigations.

June 14, 2019
Source : PTI