Govt Slaps Minimum Landed Value of $594 per MT on CR Flat Steel Products from China, Japan, Korea and Ukraine

[Customs Notification No. 45 dated 17^th August 2016]

Whereas, in the matter of “Cold-Rolled flat products of alloy or non-alloy steel’’ (hereinafter referred to as the ‘subject goods’), falling under headings 7209, 7211, 7225 and 7226 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the ‘Customs Tariff Act’), originating in, or exported from People’s Republic of China, Japan, Korea RP and Ukraine (hereinafter referred to as the ‘subject countries’), and imported into India, the designated authority in its preliminary findings published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification number 14/12/2016-DGAD dated the 3rd August, 2016, has come to the provisional conclusion that –

(a) the subject goods have been exported to India from the subject countries below normal value;

(b) the domestic industry has suffered material injury on account of subject imports from the subject countries; and

(c) the injury has been caused by the dumped imports of the subject goods from the subject countries;

and has recommended imposition of provisional anti-dumping duty on imports of the subject goods, originating in, or exported from subject countries and imported into India, in order to remove injury to the domestic industry;

Now, therefore, in exercise of the powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, read with rules 13 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, after considering the aforesaid preliminary findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under heading of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), exported by the exporters as specified in the corresponding entry in column (7), imported into India, an anti-dumping duty at a rate which is equivalent to difference between the amount mentioned in the corresponding entry in column (8) and the landed value of the subject goods, provided the landed value is less than such amount specified in column (8) , in the currency as specified in the corresponding entry in column (10) and as per unit of measurement as specified in the corresponding entry in column (9) of the said Table, namely :-

Table
S. No.	Heading/ Sub heading	Description of goods	Country of origin	Country of export	Producer	Exporter	Amount	Unit	Currency
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)
1.	7209, 7211, 7225 or 7226	Cold rolled / cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated of following quality/grades:- (i) Plain Carbon steels with Carbon =< 0.15% and maximum UTS <=410 MPa - conforming to: (a) Commercial quality; (b) Drawing / Deep Drawing quality (D/DD) (c) Extra Deep Drawing quality (EDD) (ii) Plain Carbon High Strength steels whether or not Interstitail Free, with UTS >= 350MPa - IF-HS or HS (iii) Micro-alloyed steels of Advanced High Strength Quality (AHSS) with minimum UTS >= 590MPa (iv) Bake-Hardening Steel with minimum UTS >= 370MPa (BH) (v) Dual-Phase Steel with minimum UTS >= 370MPa (DP), excluding, - (i) Stainless Steel; (ii) High Speed Steel, i.e., alloy steels containing, with or without other elements, at least two of the three elements Molybdenum (Mo), Tungsten (W) and Vanadium (V) with a combined content by weight of 7% or more, 0.6% or more of Carbon and 3 to 6% of Chromium; (iii) Silicon Electrical Steels confirming to Grain Oriented and Non- Grain Oriented Steels i.e. alloy steels containing by weight, atleast 0.6% but not more than 6% of Silicon and not more than 0.08% of Carbon. This steel may also contain by weight not more than 1% of Aluminium but no other element in a proportion that would give the steel the characteristics of other alloy steel.	Korea RP	Korea RP	M/s Hyundai Steel Company	1. M/s Hyundai Steel Company, Korea RP 2. M/s Hyundai Corporation, Korea RP 3. M/s. LG International Corp, Korea RP. 4. M/s P&A Corporation, Korea RP	NIL	MT	US Dollar
2.	-do-	Cold rolled / cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated, excluding, - (i) Stainless Steel; (ii) High Speed Steel, i.e., alloy steels containing, with or without other elements, at least two of the three elements Molybdenum (Mo), Tungsten (W) and Vanadium (V) with a combined content by weight of 7% or more, 0.6% or more of Carbon and 3 to 6% of Chromium; (iii) Silicon Electrical Steels confirming to Grain Oriented and Non- Grain Oriented Steels i.e. alloy steels containing by weight, atleast 0.6% but not more than 6% of Silicon and not more than 0.08% of Carbon. This steel may also contain by weight not more than 1% of Aluminium but no other element in a proportion that would give the steel the characteristics of other alloy steel.	Korea RP	Korea RP	M/s Hyundai Steel Company	1. M/s Hyundai Steel Company, Korea RP 2. M/s Hyundai Corporation, Korea RP 3. M/s. LG International Corp, Korea RP. 4. M/s P&A Corporation, Korea RP	594	MT	US Dollar
3.	-do-	-do-	Korea RP	Korea RP	M/s POSCO	1. M/s POSCO, Korea RP 2. M/s POSCO Daewoo Corporation, Korea RP 3. M/s LG International Corp., 4. M/s Hyundai Corporation, Korea RP 5. M/s Samsung C&T Corporation, Korea RP 6. M/s POSCO Asia Co. Ltd, Hong Kong 7. POSCO Processing & Service Co., Ltd., Korea RP	594	MT	US Dollar
4.	-do-	Cold rolled / cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated of following quality/grades:- (i) Micro-alloyed steels of Advanced High Strength Quality with minimum UTS >= 590MPa having width =< 600mm oiled and with trimmed edges. (ii) Medium and High Carbon steels with Carbon >0.15% having width =<600mm oiled and with trimmed edges. excluding, - (i) Stainless Steel; (ii) High Speed Steel, i.e., alloy steels containing, with or without other elements, at least two of the three elements Molybdenum (Mo), Tungsten (W) and Vanadium (V) with a combined content by weight of 7% or more, 0.6% or more of Carbon and 3 to 6% of Chromium; (iii) Silicon Electrical Steels confirming to Grain Oriented and Non- Grain Oriented Steels i.e. alloy steels containing by weight, atleast 0.6% but not more than 6% of Silicon and not more than 0.08% of Carbon. This steel may also contain by weight not more than 1% of Aluminium but no other element in a proportion that would give the steel the characteristics of other alloy steel.	Korea RP	Korea RP	M/s Dongkuk Industries Co. Ltd	1. M/s Dongkuk Industries Co. Ltd, Korea RP 2. M/s POSCO Daewoo Corporation, Korea RP 3. Kowon Trading Corp, Korea	NIL	MT	US Dollar
5.	-do-	Cold rolled / cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated, excluding,- (i) Stainless Steel; (ii) High Speed Steel, i.e., alloy steels containing, with or without other elements, at least two of the three elements Molybdenum (Mo), Tungsten (W) and Vanadium (V) with a combined content by weight of 7% or more, 0.6% or more of Carbon and 3 to 6% of Chromium; (iii) Silicon Electrical Steels confirming to Grain Oriented and Non- Grain Oriented Steels i.e. alloy steels containing by weight, atleast 0.6% but not more than 6% of Silicon and not more than 0.08% of Carbon. This steel may also contain by weight not more than 1% of Aluminium but no other element in a proportion that would give the steel the characteristics of other alloy steel.	Korea RP	Korea RP	M/s Dongkuk Industries Co. Ltd	1. M/s Dongkuk Industries Co. Ltd, Korea RP 2. M/s POSCO Daewoo Corporation, Korea RP 3. Kowon Trading Corp, Korea	594	MT	US Dollar
6.	-do-	-do-	Korea RP	Korea RP	Any combination other than S. No. 1, 2, 3, 4 & 5		594	MT	US Dollar
7.	-do-	-do-	Korea RP	Any country other than those subject to anti-dumping duty	Any	Any	594	MT	US Dollar
8.	-do-	-do-	Any country other than those subject to anti-dumping duty	Korea RP	Any	Any	594	MT	US Dollar
9.	-do-	-do-	Japan	Japan	JFE Steel Corporation	1. JFE Shoji Trade Corporation, Japan, 2. Honda Trading Corporation, Japan, 3. Nissan Trading Co. Ltd, 4. Ohmi Industries Ltd, Japan 5. Mitsui & Co. Ltd, Japan 6. Metal One Corporation, Japan.	594	MT	US Dollar
10.	-do-	-do-	Japan	Japan	M/s. Nippon Steel & Sumitomo Metal Corporation	1. Honda Trading Corporation, Japan 2. Kanematsu Corporation Ltd, Japan 3. Marubeni-Itochu Steel Inc., Japan 4. Metal One Corporation, Japan 5. Mitsui & Co. Ltd, Japan 6. Nippon Steel & Sumikin Bussan Corporation, Japan 7. Sumitomo Corporation, Japan 8. Toyota Tshusho Corporation, Japan	594	MT	US Dollar
11.	-do-	-do-	Japan	Japan	Any combination other than S. No. 9 & 10		594	MT	US Dollar
12.	-do-	-do-	Japan	Any country other than those subject to anti-dumping duty	Any	Any	594	MT	US Dollar
13.	-do-	-do-	Any country other than those subject to anti-dumping duty	Japan	Any	Any	594	MT	US Dollar
14.	-do-	-do-	People's Republic of China	People's Republic of China	M/s Angang Steel Company Limited	1. M/s Angang Group Hong Kong Co. Ltd, Hong Kong 2. LG International Corp., Korea RP	594	MT	US Dollar
15.	-do-	-do-	People's Republic of China	People's Republic of China	M/s Zhangjiagang Yangtze River Cold Rolled Sheet Co., Ltd.	1. M/s JiangsuShagang International Trade Co., Ltd., China PR, 2. M/s Xinsha International Pte Ltd, Singapore 3. M/s Lu Qin (Hong Kong) Co., Ltd., Hong Kong 4. M/s Future Materials Industry (Hong Kong) Co., Ltd, Hong Kong	594	MT	US Dollar
16.	-do-	-do-	People's Republic of China	People's Republic of China	Any combination other than S. No. 14 & 15		594	MT	US Dollar
17.	-do-	-do-	People's Republic of China	Any country other than those subject to anti-dumping duty	Any	Any	594	MT	US Dollar
18.	-do-	-do-	Any country other than those subject to anti-dumping duty	People's Republic of China	Any	Any	594	MT	US Dollar
19.	-do-	-do-	Ukraine	Ukraine	Zaporizhstal Integrated Iron and Steel Works PJSC	Metinvest International SA, Switzerland	594	MT	US Dollar
20.	-do-	-do-	Ukraine	Ukraine	Any combination other than S. No. 19		594	MT	US Dollar
21.	-do-	-do-	Ukraine	Any country other than those subject to anti-dumping duty	Any	Any	594	MT	US Dollar
22.	-do-	-do-	Any country other than those subject to anti-dumping duty	Ukraine	Any	Any	594	MT	US Dollar

2. The anti-dumping duty imposed under this notification shall be effective for a period not exceeding six eight months (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency.

[Duty Extended for Two Months by Ntfn 06-ADD/07.02.2017]

Explanation.- For the purposes of this notification,-

(a) “landed value” of imports for the purpose of this notification means the assessable value as determined by the customs under the Customs Act, 1962 and includes all duties of customs except duties levied under sections 3, 3A, 8B, 9 and 9A of the Customs Tariff Act, 1975;

(b) rate of exchange applicable for the purpose of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962, and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act, 1962.

[F.No. 354/128/2016-TRU]