News & Event > Anti Dumping
India Initiated Safeguard Investigation on Imported Hot-Rolled Flat Products
15 September 2015

On 7 September 2015 Directorate General of Safeguard (DGS) of India initiated a safeguard investigation on “hot-rolled flat products of non-alloy and other alloy Steel in coils of a width of 600 mm or more” imported into India based on application filed by M/S Steel Authority of India Limited; M/S Essar Steel India Limited, and M/S JSW Steel Limited through M/S Lakshmi Kumaran & Sridharan Attorneys.

 

The Products Under Consideration are classified under Chapter 72 of the Customs Tariff Act, 1975, under tariff heading 7208 and tariff item 7225.30.90. The Period of investigation in this case has been taken from 2013-14 to 2015-16.

 

The import volume ofHot Rolled Flat products have shown an increasing in absolute terms during the period as shown in table below:

 

Financial Year

Total Imports (MT)

All India Production (MT)

Import with respect to all India production (%)

2013-14

12,92,099

25,510,777

5

2014-15

2,540,114

26,395,795

10

2015-16(Q1)

844,840

66,46,258

 

2015-16(A)

3,379,360

26,585,032

13

 

The DGS recommends to impose Safeguard duty at the rate of 20% for 200 days which is considered to be minimum required to protect domestic industry.