Comparison between UK & INDIA counter measures on steel dumping (Cold Flat Steel Products)

1. the UK’s trade remedies investigations functions were carried out by the Trade Remedies Investigations Directorate (TRID) as part of the UK Department for International Trade (DIT).

2. Investigations include ECONOMIC INTEREST TEST to ascertain the impact of dumping of steel in UK by CHINA

3. ECONOMIC INTEREST TEST SPECIFICATIONS:

The test looks at:

• injury caused to UK industry by the imports we are investigating and the benefits to that industry of removing the injury
• economic significance of affected UK industries and consumers
• likely impact on wider UK industries and on consumers
• likely impact on particular geographic areas or groups within the UK
• likely consequences for the competitive environment and the structure of UK markets for these goods
• other matters that we consider relevant

TEST PROCESS:

• identifying the affected industries and consumers
• gathering evidence from relevant groups such as upstream and downstream producers and exporters, as appropriate
• assessing the evidence for each of the factors we need to consider under the EIT and drawing conclusions
• publishing our initial EIT assessment as part of the provisional findings of the investigation alongside the statement of essential facts
• sending our final determination on the investigation to the Secretary of State following the conclusion of the investigation

FACTORS OF IMPACT ON UK INDUSTRY :

• Value added – what do UK industries contribute to the value of the UK produced goods at different stage of the supply chain?
• Employment – how many people are employed within the industry on work that is directly related to the product in question at each UK location?
• Market share – what is the market share of UK producers, as a proportion of total sales of this type of goods in the UK?
• Market structure – what is the size distribution of UK producers and what proportion of the market is accounted for by small and medium-sized enterprises (SMEs)? What are the upstream and downstream industries within the UK and how are they related to the industry that applied to us to investigate the case for a new measure?
• Consumers – how is the final product used and by whom?

ABILITY AND STANCE OF LOCAL COMPANIES AMONG COMPETING COMPANIES GLOBALLY:

• will the measure directly or indirectly limit the number or range of suppliers on the market?
• will the measure limit the ability of suppliers to compete?
• will the measure limit suppliers’ incentive to compete vigorously?
• will the measure limit the choices and information available to consumers?

above mentioned factors to be verified by TRADE REMEDIES AUTHORITY and ascertain the impact and suggest the counter measures on dumping of COLD FLAT STEEL PRODUCTS

INDIA: COUNTER MEASURES BY INDIA ON COLD FLAT STEEL PRODCUTS DUMPING BY CHINA

The enquiry has been initiated by Directorate General of Anti-Dumping and Allied Duties (DGAAD), an arm of India’s ministry of commerce and industry, on the basis of a petition filed by domestic steel producers, including state-owned Steel Authority of India Ltd, JSW Steel Ltd and Essar Steel India Ltd.