Steel Industry – Current challenges, National Steel Policy 2017, etc

Govt issues anti-dumping notice on steel products

  1. Context: DGAD has issued notices to China, Japan and South Korea proposing to initiate a probe on the dumping of some steel products into India
  2. DGAD: Directorate General of Anti-Dumping and Allied Duties
  3. Materials: Notices have been issued for hot-rolled coils of alloy and non-alloy steel
  4. Why? Indian steelmakers had approached DGAD seeking anti-dumping duties on the cheap imports flooding the local markets and pressuring margins
  5. Data: The imports of steel into India rose 20.5% in the 11 months to February, compared with the same period last year
  1. Context: DGAD has issued notices to China, Japan and South Korea proposing to initiate a probe on the dumping of some steel products into India
  2. DGAD: Directorate General of Anti-Dumping and Allied Duties
  3. Materials: Notices have been issued for hot-rolled coils of alloy and non-alloy steel
  4. Why? Indian steelmakers had approached DGAD seeking anti-dumping duties on the cheap imports flooding the local markets and pressuring margins
  5. Data: The imports of steel into India rose 20.5% in the 11 months to February, compared with the same period last year
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