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Govt imposes anti-dumping duty on import of low ash met coke

Press Trust of India  |  New Delhi 

Government today said it has imposed anti-dumping duty on low ash metallurgical coke originating in or exported from and People's Republic of China.

"Anti-dumping Duty has been imposed on low ash metallurgical coke originating in or exported from and People's Republic of China," said in a tweet.



"ADD shall be effective for a period of 5 years from the date of publication of the above notification in the Official Gazette," it added.

Indian domestic coke sector had made a case to the Directorate General of Anti-Dumping & Allied Duties (DGAD) for protection of the local industry from cheap from and China.

Following this, DGAD initiated a probe in December 2015 on the scope of levying such duty.

coke, a key raw material for the steel sector, constitutes 40-50 per cent of the total cost of crude steel.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Govt imposes anti-dumping duty on import of low ash met coke

Government today said it has imposed anti-dumping duty on low ash metallurgical coke originating in or exported from Australia and People's Republic of China. "Anti-dumping Duty has been imposed on low ash metallurgical coke originating in or exported from Australia and People's Republic of China," Central Board of Excise and Customs said in a tweet. "ADD shall be effective for a period of 5 years from the date of publication of the above notification in the Official Gazette," it added. Indian domestic met coke sector had made a case to the Directorate General of Anti-Dumping & Allied Duties (DGAD) for protection of the local industry from cheap imports from Australia and China. Following this, DGAD initiated a probe in December 2015 on the scope of levying such duty. Met coke, a key raw material for the steel sector, constitutes 40-50 per cent of the total cost of crude steel. Government today said it has imposed anti-dumping duty on low ash metallurgical coke originating in or exported from and People's Republic of China.

"Anti-dumping Duty has been imposed on low ash metallurgical coke originating in or exported from and People's Republic of China," said in a tweet.

"ADD shall be effective for a period of 5 years from the date of publication of the above notification in the Official Gazette," it added.

Indian domestic coke sector had made a case to the Directorate General of Anti-Dumping & Allied Duties (DGAD) for protection of the local industry from cheap from and China.

Following this, DGAD initiated a probe in December 2015 on the scope of levying such duty.

coke, a key raw material for the steel sector, constitutes 40-50 per cent of the total cost of crude steel.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Govt imposes anti-dumping duty on import of low ash met coke

Government today said it has imposed anti-dumping duty on low ash metallurgical coke originating in or exported from and People's Republic of China.

"Anti-dumping Duty has been imposed on low ash metallurgical coke originating in or exported from and People's Republic of China," said in a tweet.

"ADD shall be effective for a period of 5 years from the date of publication of the above notification in the Official Gazette," it added.

Indian domestic coke sector had made a case to the Directorate General of Anti-Dumping & Allied Duties (DGAD) for protection of the local industry from cheap from and China.

Following this, DGAD initiated a probe in December 2015 on the scope of levying such duty.

coke, a key raw material for the steel sector, constitutes 40-50 per cent of the total cost of crude steel.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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