India imposes anti dumping duty on met coke upto 25.20 percent

Exclusive

28 November 2016

met-cokeSteeply rising imports of Low Ash Metallurgical Coke from China and Australia convinced the Indian government to recommended imposition of definitive anti-dumping duty in order to remove injury to the domestic industry.

The government has announced a 25.20% anti-dumping duty on imports of Met Coke from China and a 16.29% duty on imports from Australia. The anti-dumping duty on imports of Met Coke from any other country will also be 16.29%.  The recommendation of the Director General of Anti Dumping came earlier but the imposition of the duty was pending as Department of Revenue had to issue the final notification.

The anti-dumping duty imposed under this notification shall be effective for a period of five years and shall be paid in Indian currency.

Last month, after an elaborate investigation of over a year, the government announced that it has found that the Low Ash Metallurgical Coke, exported from Australia and China has increased significantly in the period, while the imports of this goods have also taken place below normal values. “The domestic industry suffered material injury on account of subject imports from the subject countries,” the Ministry of Finance said in a statement.

There was a mild disagreement on the duty by certain coke end users which is said to have delayed the final announcement.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *