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Anti-Dumping Duties Imposed on Solar Glass Imports from China, Vietnam
POWER & RENEWABLE ENERGY

Anti-Dumping Duties Imposed on Solar Glass Imports from China, Vietnam

The Ministry of Commerce and Industry has finalised anti-dumping duties on textured tempered solar glass imported from China and Vietnam, following an investigation that found these imports were causing material injury to India's domestic industry. 

The investigation revealed that solar glass from these countries was dumped at prices lower than domestic selling prices, leading to price suppression and preventing Indian manufacturers from adjusting prices in line with production costs. As a result, anti-dumping duties have been imposed at $658-$664 per metric ton (MT) for China and $570-$664 per MT for Vietnam. 

Between 2020-21 and the investigation period (January-December 2023), imports from China and Vietnam surged from 29,980 MT to 779,017 MT, significantly eroding the domestic industry's market share. The probe, initiated by Borosil Renewables in February 2024, led to provisional anti-dumping duties being introduced by the Ministry of Finance in November 2024. 

Additionally, the Ministry of Commerce completed an anti-subsidy investigation into solar glass imports from Vietnam. It found that imports had surged significantly, justifying countervailing duties of $539-$664 per MT for five years, imposed alongside the anti-dumping duties. 

While these measures aim to protect India's solar glass manufacturers, they have also sparked concerns about higher module prices, particularly after the reimposition of the Approved List of Models and Manufacturers (ALMM) in April. 

(mercom)           

The Ministry of Commerce and Industry has finalised anti-dumping duties on textured tempered solar glass imported from China and Vietnam, following an investigation that found these imports were causing material injury to India's domestic industry. The investigation revealed that solar glass from these countries was dumped at prices lower than domestic selling prices, leading to price suppression and preventing Indian manufacturers from adjusting prices in line with production costs. As a result, anti-dumping duties have been imposed at $658-$664 per metric ton (MT) for China and $570-$664 per MT for Vietnam. Between 2020-21 and the investigation period (January-December 2023), imports from China and Vietnam surged from 29,980 MT to 779,017 MT, significantly eroding the domestic industry's market share. The probe, initiated by Borosil Renewables in February 2024, led to provisional anti-dumping duties being introduced by the Ministry of Finance in November 2024. Additionally, the Ministry of Commerce completed an anti-subsidy investigation into solar glass imports from Vietnam. It found that imports had surged significantly, justifying countervailing duties of $539-$664 per MT for five years, imposed alongside the anti-dumping duties. While these measures aim to protect India's solar glass manufacturers, they have also sparked concerns about higher module prices, particularly after the reimposition of the Approved List of Models and Manufacturers (ALMM) in April. (mercom)           

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