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Saturday, March 10, 2001

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Govt. initiates dumping probe against Ukraine

NEW DELHI, MARCH 9. Less than three months after notifying anti- dumping duties on imports of ferro silicon from China and Russia, the Government has now initiated investigations into imports of the same from Ukraine while confirming provisional anti-dumping duties on all imports of an organic chemical, Trimethorpim (TMP) from China.

The Directorate General of Anti-dumping and Allied Duties (DGAD) under the Ministry of Commerce and Industry has started investigations of imports of ferro silicon from Ukraine on the basis of a petition filed by the Bhubaneshwar-based company, Indian Metals and Ferro Alloys Ltd.

Ferro silicon - an alloy of iron and silicon - is used as a deoxidiser in the production of steel and alloy steels.

The DGAD had in November 2000 recommended provisional anti- dumping duties against imports of ferro silicon from China and Russia on the basis of a petition filed by the same company.

The Finance Ministry had in December notified imposition of provisional anti-dumping duties against imports of ferro silicon from the two countries, and imposed an anti-dumping duty of Rs. 33,120 per mt against imports from Russia while imposing Rs. 33,120 per mt on all imports from China.

The DGAD has also recommended definitive anti-dumping duties equivalent to the difference between the amount of $20 per kg and the landed value of all imports of TMP from China.

- PTI

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