EU initiates anti-dumping investigation on pipes, manganese imports from India

The European Commission has also agreed to review the imposition of countervailing duty on PET following a request by RIL

The Dollar Business Bureau EU-TheDollarBusiness The European Commission has initiated several actions against imports of several items from India including silico-managenese, and tubes and pipes of ductile cast iron following complaints from the domestic industry in the EU. The Commission said that it has received a complaint in November 2014 by Comité de Liaison des Industries de Ferro-Alliages on behalf of three Union producers which together account for over 25% of the total production of silico- manganese (including ferro-silico-manganese) in EU. The companies in EU said that imports of silico-manganese from India are being dumped and are thereby causing material injury to the Union industry. The Commission has initiated another anti-dumping proceeding on imports of tubes and pipes of ductile cast iron (spheroidal graphite cast iron) from India after it received a complaint by Saint-Gobain PAM on behalf of the industry in the EU.

EU-India-TheDollarBusiness EU's trade with India (Source - EUROSTAT)

Both the allegations add that imports of the items from India have increased significantly in the recent years and gained market share as well. The companies have also said that dumping of these products have hurt the local industry and caused job losses. The EC has invited companies and other stakeholders from the Indian side to participate in the investigations. Meanwhile, it has agreed to start an interim review of the countervailing duty on imports of some polyethylene terephthalate (PET) from India after it received a request by Reliance Industries Limited (RIL). RIL said that the subsides and incentives earlier available for exports of PET from India have been withdrawn and is now below the duty rate currently applicable to it, which means that CVD is no longer required. Overall exports from India to the EU have improved in recent years, resulting to a trade surplus with the region for the first time in CY2013.

This article was published on January 7, 2015.

The Dollar Business Bureau - Jan 07, 2015 12:00 IST
 
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