India Starts Review of AD Duty on Imports of Wire Rod from China
India’s Director General Trade Remedies has initiated a sunset review investigation to review the need for continued imposition of anti-dumping duty in force in respect of wire rods. Indian Steel Association on behalf of Rashtriya Ispat Nigam Limited, Steel Authority of India Limited and JSW Steel Limited has filed an application for initiation of sunset review investigation concerning imports of Wire Rod of Alloy or Non-Alloy Steel, originating in or exported from China. The Applicant has alleged that dumping from the subject country has continued even after the imposition of anti-dumping duty and that there is likelihood of continuation & recurrence of dumping and injury in case of cessation of duties. The Applicant has requested for extension of duties on imports of subject goods, originating in or exported from the subject country.
The original anti-dumping investigation concerning imports of subject goods from subject country was initiated on 2nd June 2016. Director General Trade Remedies had recommended imposition of anti-dumping duty which were implemented vide Notification No. 48/2017-Customs (ADD) dated 9th October 2017.
The scope of product under consideration in the present sunset review investigation is bars and rods, hot rolled, in irregularly wound coils, of iron or non-alloy steel or alloy steel. These products are of prime and non-prime category and are in all sizes. These products conform to various qualities of steels including but not limited to electrode, free cutting, forging, cold heading, low / medium / high carbon steels, drawing, ball bearing steel, case hardening steel, spring steel, corrosion resistant steel, weathering steel, structural steel and many more qualities of steel. However, following product, are not included in the scope of the product under consideration:
These products are of prime and non-prime category and are in all sizes. These products conform to various qualities of steels including but not limited to electrode, free cutting, forging, cold heading, low / medium / high carbon steels, drawing, ball bearing steel, case hardening steel, spring steel, corrosion resistant steel, weathering steel, structural steel and many more qualities of steel. However, following products, are not included in the scope of the product under consideration:
Bars and rods containing indentations, ribs, grooves or other deformations produced during the rolling process falling under Tariff Item 72131090 (commonly known as rebars or TMT bars)
Bars and rods of Stainless steel falling under Tariff Heading 7221
Bars and rods of High speed steel falling under Tariff Item 72271000
The PUC is classified under Custom Tariff Heading 7213 and 7227. The customs classification is indicative only and is in no way binding on the scope of the present review investigation.
The scope of the product under consideration in the present sunset review investigation is the same as in the original investigation.
Source - Strategic Research Institute