Trade Cases

India Initiates HRC Antidumping Investigation on Six Countries
Written by Sandy Williams
April 12, 2016
India has initiated an antidumping investigation into HRC, steel sheet and plate imports from China, Japan, Korea, Russia, Brazil and Indonesia. The products under investigation include HRC of width up to 2100mm and thickness up to 25mm, HR sheet and plates of a width up to 4950 mm and thickness up to 150mm.
India steelmakers SAIL, JSW Steel, Essar Steel India, Tata Steel and JSPL charge that the dumping of steel products from the six countries during the period July-December 2015 caused material injury to the domestic steel industry.
The Directorate General of Anti-Dumping and Allied Duties (DGAA) has concurred, finding preliminary evidence of injury.
Jayant Archarya, director-commercial and marketing at JSW Steel said, “Our steel industry is in a critical phase with margins and profitability under severe strain primarily to dumping at predatory prices into India. Such unfair trade affects our viability like it has affected steel industry in the rest of the world. While Indian steel sector is competitive, we need adequate protection from those producers/countries which get state subsidy to produce steel.”
Steel imports from the six countries totaled 1.46 million tonnes in FY 2014 but, based on annualized July-Dec 2015 figures, surged more than 275 percent in FY 2015 for a total of 5.5 million tonnes.
Provisional antidumping duties are expected to be levied by June 15, 2016 and will be retroactively applied to imports arriving as of April 15, 2016. (Source: Economic Times)

Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases

SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.

CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America

Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]

Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.