DGTR recommends anti-dumping duty on aluminium imports
Steel

DGTR recommends anti-dumping duty on aluminium imports

The Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duty on flat-rolled aluminium products from China to offset the damage caused due to dumping products in the Indian market.

This flat-rolled aluminium is used in solar module manufacturing of ground-mounted or rooftop solar projects. The investigation was carried out between 1st April 2019 to 31th March 2020.

Hindalco Industries with DGTR applied on behalf of domestic industries to begin the anti-dumping investigation on aluminium imports from China.

The production share of the petitioner is about 71% of the total production in India. Jindal Aluminium and Manaksia Aluminium Company supported the application.

The domestic industries said that the imports from China have increased during the injury period. Imports increased from 39% to 64% during the investigation period.

Hindalco Industries said that Chinese imports increased by 60% in the same period, but the petitioner's sales increased only by 2%.

Even after a decline in Chinese imports, the imports remained substantial during the investigation period. TheThe petitioner's sales in the investigation period were about 90%, compared to 53% in 2016-17 and 73% in 2017-18.

Hindalco said that due to low-cost imports, the company had not been able to sell its products to local customers, resulting in piling of inventories at its plants.

According to the petitioner, Chinese producers had significantly unutilised capacities and have enough for exports in India, which have only 0.5 million MT demand. Their capacity utilisation was about 60%.

Out of the total aluminium production in China, about 16% is for exports, including India.

DGTR notices that domestic industries suffered material injury during the investigation period. Examining the Chinese imports and the domestic industry's performance revealed that the dumping volume of Chinese imports increased in both absolute and relative terms.

The quantity of goods increased by over 60%, while the demand only increased by 18%. The market share of domestic industries also decreased by 12% during the investigation period. The market share of Chinese imports increased by 35% during the same period.

Image Source


Also read: Govt launches anti dumping probe into solar cell and module imports

The Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duty on flat-rolled aluminium products from China to offset the damage caused due to dumping products in the Indian market. This flat-rolled aluminium is used in solar module manufacturing of ground-mounted or rooftop solar projects. The investigation was carried out between 1st April 2019 to 31th March 2020. Hindalco Industries with DGTR applied on behalf of domestic industries to begin the anti-dumping investigation on aluminium imports from China. The production share of the petitioner is about 71% of the total production in India. Jindal Aluminium and Manaksia Aluminium Company supported the application. The domestic industries said that the imports from China have increased during the injury period. Imports increased from 39% to 64% during the investigation period. Hindalco Industries said that Chinese imports increased by 60% in the same period, but the petitioner's sales increased only by 2%. Even after a decline in Chinese imports, the imports remained substantial during the investigation period. TheThe petitioner's sales in the investigation period were about 90%, compared to 53% in 2016-17 and 73% in 2017-18. Hindalco said that due to low-cost imports, the company had not been able to sell its products to local customers, resulting in piling of inventories at its plants. According to the petitioner, Chinese producers had significantly unutilised capacities and have enough for exports in India, which have only 0.5 million MT demand. Their capacity utilisation was about 60%. Out of the total aluminium production in China, about 16% is for exports, including India. DGTR notices that domestic industries suffered material injury during the investigation period. Examining the Chinese imports and the domestic industry's performance revealed that the dumping volume of Chinese imports increased in both absolute and relative terms. The quantity of goods increased by over 60%, while the demand only increased by 18%. The market share of domestic industries also decreased by 12% during the investigation period. The market share of Chinese imports increased by 35% during the same period. Image SourceAlso read: Govt launches anti dumping probe into solar cell and module imports

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?