India may impose anti-dumping duty on drilling pipes from China

The Indian government is likely to introduce anti-dumping duty on imports of some kinds of iron and steel pipes from China that are used in drilling for oil and gas exploration in its attempt to protect the domestic industry.

The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended to the finance ministry to impose provisional levy ranging between $961.33 and $1,610.67 per tonne.

ISMT Ltd and Maharashtra Seamless had moved the DGAD for imposition of the duty on “seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel (other than cast iron and stainless steel) after alleging tha thte products from China were being dumped in the local market at low prices.

In its preliminary findings, the DGAD said it was of the view that imposition of “provisional duty is required” to offset dumping and injury, pending completion of the investigation.

“Therefore, Authority (DGAD) considers it necessary and recommends imposition of provisional anti-dumping duty on imports of subject goods from the subject country,” it said in a notification.

In July last year, the DGAD had initiated a probe into the alleged dumping, and injury to the domestic industry.

The product being considered by the DGAD includes boiler pipes or line pipes used in hydrocarbon industry and casing and tubing of a kind used in drilling for oil and gas exploration.

 

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