Press Information Bureau
Government of India
Ministry of Steel
06-February-2017 17:26 IST

Measures to Protect and Promote the Domestic Steel Industry Against Cheap Steel Imports

The Ministry of Steel has brought cold reduced low carbon sheets and strips and cold rolled strips under the quality control order vide order dated 18th December 2015.

The Government had notified anti-dumping duty vide Notification No. 61/2015-Customs (ADD) on imports of Cold Rolled Stainless Steel Flat products. The duty rates vary from 4.58% to 57.39% depending on the country and producer.

There are different rates of duty applicable to different countries. The duty rates vary from 4.58% applicable on exports from Thailand to 57.39% on any exports from China. The detailed duty structure is provided in Annexure-I.

In order to protect and promote the domestic steel industry the Government has taken following measures:-

  • Increased the peak rate of basic customs duty on both flat and non-flat steel to 15% from 10%.
  • Increased the import duty on flat rolled steel @ 10% on long and semi finished products.
  • Levied the Anti-Dumping Duty on imports of certain variety of hot-rolled flat products of stainless steel from China.
  • Levied the Anti-Dumping Duty for five years on imports of cold rolled Flat products of stainless steel.
  • Government has notified Minimum Import Price (MIP) to provide a level playing field to domestic producers against the injury caused as evident from the decline in margins of the producers.
  • Imposed the Safeguard Duty of 20% on hot-rolled flat products of non-alloy and other alloy steel, in coils.

Annexure-I

Anti-Dumping Duty imposed on 11th December 2015
#
Tariff heading
Description of goods
Specification
Countries/
Territories of origin
Countries/
Territories of export
Producer
Exporter
% of
landed
value
1
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
People’s Republic of China
Any
Any
Any
57.39%
2
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country other than the subject countries/territories
People’s Republic of China
Any
Any
57.39%
3
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Korea RP
Korea RP
POSCO
Hyundai Corporation and Daewoo International Corporation
5.39%
4
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Korea RP
Korea RP
Any combination other than above combination
13.44%
5
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Korea RP
Any
Any
Any
13.44%
6
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country other than the subject countries/ territories
Korea RP
Any
Any
13.44%
7
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Chinese Taipei
Any
Any
Any
15.93%
8
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country other than the subject countries/ territories
Chinese Taipei
Any
Any
15.93%
9
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
South Africa
South Africa
Columbus Stainless (Pty) Ltd.
Columbus Stainless (Pty) Ltd.
12.34%
10
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
South Africa
South Africa
Any combination other than above combination
36.91%
11
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
South Africa
Any
Any
Any
36.91%
12
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country other than subject countries/territories
South Africa
Any
Any
36.91%
13
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Thailand
Thailand
POSCO Thainox
POSCO Thainox and Hyundai Corporation
4.58%
14
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Thailand
Thailand
Any combination other than above combination
5.39%
15
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Thailand
Any
Any
Any
5.39%
16
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country other than the subject countries/ territories
Thailand
Any
Any
5.39%
17
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
USA
Any
Any
Any
9.47%
18
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country other than the subject countries/ territories
USA
Any
Any
9.47%
19
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
European Union
European Union
Acerinox Europa SAU, Spain
Acerinox Europa SAU, Spain
29.41%
#
Tariff heading
Description of goods
Specification
Countries/
Territories of origin
Countries/
Territories of export
Producer
Exporter
% of
landed
value
20
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
European Union
European Union
Any combination other than the above combination
52.56%
21
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
European Union
Any
Any
Any
52.56%
22
7219
Cold-rolled Flat  products of stainless steel
All Grades, All Series except the exclusions as per Note below
Any country  other than the subject countries/ territories
European Union
Any
Any
52.56%

Source: Ministry of Commerce

The Minister of State in the Ministry of Steel Sh. Vishnu Deo Sai in reply to a question in Lok Sabha today gave this information.

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