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Alerts & Updates 20th Dec 2024

Recent trade remedial investigations initiated by the Directorate General of Trade Remedies

Authors

Sanjay Notani Partner | Mumbai
Parthsarathi Jha Partner | New Delhi | Noida
Ambarish Sathianathan Partner | Mumbai

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  • Name of the Product Non-Alloy and Alloy Steel Flat Products
    Date of the Initiation of the Investigation December 19, 2024
    Domestic Industry Indian Steel Association (on behalf of (a) ArcelorMittal Nippon Steel India Ltd., (b) AMNS Khopoli Ltd., (c) JSW Steel Ltd., (d) JSW Steel Coated Products Ltd., (e) Bhushan Power & Steel Ltd., (f) Jindal Steel and Power Ltd., and (g0 Steel Authority of India Ltd.)
    Product Under Consideration (“PUC”) The product under consideration for the present investigation is “Non-Alloy and Alloy Steel Flat Products”, (“PUC”), which includes (a) Hot Rolled (“HR”) coils, sheets and plates, (b) HR Plate Mill Plates (“PMP”), (c) Cold Rolled (“CR”) coils and sheets, (d) Metallic Coated Steel coils and sheets, whether or not profiled, including Galvanneal, Coated with Zinc or Aluminium-Zinc or Zinc-Aluminium-Magnesium (”Coated”), and (e) Colour Coated coils and sheets, whether or not profiled (“CC”).

    The following products are excluded from the scope of the PUC:

    • Cold Rolled Grain Oriented Electrical Steel (CRGO)
    • Cold Rolled Non-Oriented Electrical Steel (CRNO) coils and sheets
    • Coated – Electro Galvanized steel
    • Tinplate
    • Stainless steel
    Tariff Classification The PUC falls under the HSN tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226. The tariff headings are indicative only and not binding on the Authority.
    Period of Investigation (“POI”) October 1, 2023 – September 30, 2024. The Authority will also examine data pertaining to April 1, 2021 – March 31, 2022, April 1, 2022 – March 31, 2023, and April 1, 2023 – March 31, 2024.
    Timelines
    Date Particulars
    January 3, 2025 -Deadline to file relevant questionnaire response unless a further extension is granted by the DGTR.

    -Deadline to file any information relevant to the initiation of the investigation.

    -Deadline to intimate interest to participate to the Authority.
    Next Steps
    • File the copy of the Authorization to register interest and obtain the copy of the Petition filed by the domestic industry.
    • Prepare the data, simulate and prepare the questionnaire response.
    • Prepare preliminary submissions commenting on the petition filed by the domestic industry and the initiation of the investigation.
    • Encourage the customers in India to participate and oppose duties.

    We trust you will find this an interesting read. For any queries or comments on this update, please feel free to contact us at  insights@elp-in.com or write to our authors:

    Sanjay Notani, Partner, Email  – SanjayNotani@elp-in.com;

    Parthsarathi Jha, Partner, Email – parthjha@elp-in.com  

    Ambarish Sathianathan, Partner, Email  – AmbarishSathianathan@elp-in.com

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