Steel imports from China, Japan, Russia facing anti-dumping investigation

Steel imports from China, Japan, Russia facing anti-dumping investigation

India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan, and Russia.

The move comes after JSW Steel and Jindal Steel raised concerns over these products being sold at unfairly low prices in the country.

The Directorate General of Trade Remedies (DGTR) has found initial evidence of dumping, with significant price differences observed during the period under review (2022-2025).

What did preliminary investigation find?

The DGTR's preliminary investigation found that hot-rolled flat products of alloy or non-alloy steel were being exported at prices much lower than their normal value.

This difference, known as the dumping margin, was found to be above the minimum threshold and substantial for exports from these countries.

The probe will now look into how this has affected India's steel industry over the years.

Domestic industry seeks retrospective anti-dumping duties

The domestic steel industry has sought "retrospective imposition of anti-dumping duties," citing a history of dumping in this product category.

They fear that delaying these duties could lead to an influx of low-priced imports, further harming Indian manufacturers.

The DGTR noted that the applicants claimed imports increased both in absolute terms and relative to demand in India during the injury period.