India has initiated maximum anti-dumping cases against "below-cost" imports from China.. Wire rod of alloy or non-alloy steel finds applications in many sectors such as automotive components, welding electrodes, fasteners, including nuts and bolts, nails, railway sleepers, general engineering, binding wires for construction industry and armoured cables. The Department of Revenue in a notification yesterday said anti-dumping duty is being imposed for six months on import of wire road of alloy or Drop In Anchors Manufacturers non-alloy steel from China.State-owned Steel Authority of India, Rashtriya Ispat Nigam, Usha Martin and JSW Steel had jointly filed the application to probe the dumping of these products from China.The measure follows recommendation by the Directorate General of Anti-Dumping and Allied Duties (DGAD) that steel wire road was being exported by China "below the normal value" and "the domestic industry has suffered material injury" because of such imports. India has already slapped anti-dumping duty on certain cold-rolled flat steel products from four nations, including China and South Korea.

The authority recommends imposition of provisional anti-dumping duty.While the DGAD recommends the duty to be levied, the finance ministry imposes it. In case of other producers, the anti-dumping duty would be the difference between the landed value and USD 538 per tonne, the notification said. so as to remove the injury to the domestic industry," DGAD had said."The anti-dumping duty imposed under this notification shall be effective for a period not exceeding six months (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency," the November 2 notification said. New Delhi: Centre has imposed anti-dumping duty on imports of steel wire rods from China to protect domestic manufacturers from cheap in-bound shipments..The 'landed value' of imports was defined as the assessable value as determined by the customs and includes all duties of customs.

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