The applicants had alleged that “hot rolled flat products of alloy or non-alloy steel” exported from China, Japan and Russia are being imported at dumped prices, which is causing material injury to the domestic industry.
The Directorate General of Trade Remedies (DGTR), an arm of the ministry, will investigate “the existence, degree and effect of the dumping”. It will consider import data from 2022 to 2025 for the probe.
The DGTR said its initial findings showed that the product was being exported at prices significantly lower than its normal value. The gap between the two, known as the dumping margin, was found to be above the minimum threshold and significant for exports from these countries. So, there is sufficient prima facie evidence that the product is being dumped in the Indian market by the exporters from these countries, it said.
“On the basis of the duly substantiated application filed by the applicants, and having satisfied itself, on the basis of the prima facie evidence submitted by the applicants substantiating dumping of the product…the Authority, hereby, initiates an anti-dumping investigation,” it said.
The product is used in automotive, oil and gas line pipes/exploration, cold rolled steel products, pipe manufacturing, general engineering and fabrication, construction, capital goods, process equipment for cement, fertiliser, refineries and earthmoving.
In a separate notification, the DGTR said it is also investigating the alleged dumping of dialysers from China and Malaysia.