India trade body recommends provisional anti-dumping duty on low-ash met coke
India's trade body has proposed a provisional anti-dumping duty on low-ash metallurgical coke. This steelmaking fuel is imported from Australia, China, Japan, Russia, Indonesia, and Colombia. The move aims to protect domestic industries from injur...
The development was first reported by Reuters on Friday.
"The authority recommends imposition of provisional anti-dumping duty equal to the lesser of margin of dumping and the margin of injury, so as to remove the injury to the domestic industry," said the notification from the Directorate General of Trade Remedies, which falls under the federal trade ministry.
The anti-dumping duty has been recommended on low-ash met coke from Australia, China, Japan, Russia, Indonesia and Colombia, the notification showed.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.