February 7, 2022 (MLN): The National Tariff Commission (NTC) Pakistan has imposed the definitive anti-dumping duty on the imported iron, non-alloy steel rolled coils/sheets from Chinese Taipei, European Union, South Korea and Vietnam, ranging from 6.18% to 17.25% for five years effective from August 23, 2021, said the notice on NTC’s official website.
However, anti-dumping duties will not be levied on imports of the said metal that are used as inputs in products destined solely for exports, the notification added.
This imposition is the result of the application of investigation lodged by Aisha Steel Mills Limited (ASL) and International Steel Limited (ISL) concerning the dumping of flat-rolled products of iron or non-alloy steel, cold-rolled, not clad, plated or coated, of prime and secondary quality, excluding CR Coils/ Sheets exported from the European Union, Republic of Korea, Chinese Taipei and Vietnam.
The dumped import has caused material injury to the domestic industry manufacturing CR Coils/Sheets which resulted in a decline in market share, capacity utilization, profitability, return on investment, production, sales, productivity, salaries and wages. Further, there was a causal link between dumped imports of the investigated product and material injury to the domestic industry during the period of investigation.
The investigated product is generally used in the production of automotive parts, sub-assembly/inner body parts, fabrication of goods like doors/cabinets, pipes, tubes, refrigerators, washing machines, geysers, ovens etc.
The commission has not received any information necessary for the determination of individual dumping margins from any of the exporter/ foreign producers from the Exporting Countries in this investigation, it said.
