Directorate General of Anti Dumping & Allied Duties of Department of Commerce of ministry of Commerce & Industry of government of India vide notification dated May 1st 2008 has announced termination of sunset review of anti dumping duty imposed against imports of certain grades alloy and non alloy steels billets, bars and rounds from Russia and China and recommended that the anti dumping duties need not be extended further.

Therefore, the Authority hereby terminates the investigation initiated vide notification No.15/6/2008-DGAD dated 23rd January 2008, all proceedings connected with this case and recommends that the anti dumping duties need not be extended further.

It said that the investigation into alleged dumping and injury was initiated based upon the directions of the High Court on January 23rd 2008 and the domestic industry has not come up, within the stipulated period of 40 days, with a documented petition to assess whether there is sufficient evidence of dumping and injury. In the instant case, since there is no information on record to establish that the cessation of the present duty is likely to lead to continuation or recurrence of dumping and injury, the designated authority does not consider it appropriate to recommend extension of the anti dumping duties earlier imposed.

Kalyani Steels Ltd. filed a civil writ petition in Hon’ble High Court of Delhi as Writ Petition (Civil) No.15945/06 and as per direction of the Hon’ble Court vide judgment dated 3.12.2007, Sunset Review was required to be conducted in accordance with the procedure laid down in Rule 23 of the Rules.

The Hon’ble Court held that all imports of the subject goods made from Russia and China with effect from February 1st 2008 should be provisionally cleared by the central government and in the meanwhile, the central government should carry out a review to determine whether the anti dumping duty imposed by the Notification dated June 25th 2001 should continue beyond the period of five years from December 26th 2005 onwards.

Product under review are certain types and grades of alloy and non alloy steel billets, bars and rounds having 70 mm to 250 mm diameter conforming to IS specification or any other international specification equivalent to IS standards.

June 11, 2008

Source: steelguru.com