India starts probe into alleged dumping of electrogalvanized steel from Korea, J

1. India starts probe into alleged dumping of electrogalvanized steel from Korea, Japan, Singapore

2. India has initiated a probe into alleged dumping of electrogalvanized steel, used in auto and electronics industries, from Korea, Japan, Singapore following a complaint by a domestic company. American Precoat Speciality Pvt Ltd has filed an application before the Directorate General of Trade Remedies (DGTR) for investigation of anti-dumping duty concerning the imports of electrogalvanized steel from the three countries.

3. If it is established in the probe that the dumping is denting margins of the domestic firm, the DGTR would recommend anti-dumping duty with a view to guard local industry from cheap imports.

4. "The authority, hereby, initiates an investigation to determine the existence, degree and effect of any alleged dumping in respect of the subject goods originating in or exported from the subject countries and to recommend the amount of anti- dumping duty, which if levied, would be adequate to remove the injury to the domestic industry," it has said. The DGTR is also probing a similar case on imports of Clear Float Glass from Bangladesh and Thailand.

5. "The authority hereby initiates sunset review investigation to review the need for continued imposition of the duties in force in respect of subject goods (jute products), originating in or exported from the subject countries and to determine whether expiry of existing anti- dumping duty is likely to lead to continuation or recurrence of dumping and consequent injury to the domestic industry," it added.