India Launches Anti-Dumping Probe Into Steel Imports From China, Japan and Russia
India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan and Russia following complaints from domestic steelmakers that low-priced imports are harming the local industry. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, initiated the probe after applications from JSW Steel, JSW Vijaynagar Metallics Limited and Jindal Steel Odisha.
The investigation will examine hot-rolled flat products of alloy and non-alloy steel with a thickness of up to 25 mm. The companies allege that steel from the three countries is being sold in India at unfairly low prices, causing financial injury to domestic producers and posing a continued threat to the sector.
The move comes amid a sharp rise in Chinese steel shipments to India. Reuters reported earlier that China’s finished steel exports to India more than doubled in April, reaching about 232,000 metric tons — the highest level in at least two years. Chinese hot-rolled steel has reportedly been priced between $11 and $37 per ton below comparable domestic products, making it more attractive to Indian buyers.
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