Indian government to review anti-dumping duties on aluminum foil from China – aluminum insider
The Indian government last week initiated a sunset review of the anti-dumping duties on 5.5 micron to 80 micron aluminum foil from the People’s Republic of China. The review was prompted by a request from Hindalco Industries Ltd, Raviraj Foils and Jindal India Ltd.
National media report that a statement from the Trade Remedies Directorate (DGTR) indicates that it believes the domestic aluminum industry is likely to be harmed if anti-dumping duties are lifted.
“There is prima facie evidence of the likelihood of continuation / recurrence of dumping and of injury to the domestic industry in the event of a cessation of duties, taking into account the volume and price of imports of subject goods from the country in question. question, a positive margin of dumping, significant spare capacity in the subject country, the existence of trade remedies imposed by other countries against the subject country, the potential trade diversion and the attractiveness of the prices of the country. Indian market. “
The DGTR went on to say that the dumping of aluminum foil from China continues despite the duties.
The investigation that gave rise to the anti-dumping duties covered imports from fiscal years 2017 to 2021. Another investigation by the Indian Ministry of Finance found anti-dumping duties on aluminum foil with a thickness of 80 microns and less from China, Indonesia, Thailand and Malaysia.
Current duties on aluminum foil imported from China are expected to apply until May 2022.