India has extended anti-dumpingduties on some hot rolled flat product imports from China, Japan, Russia, SouthKorea, Brazil and Indonesia, as well as cold rolled flats from China, Japan, South Korea and Ukraine. These duties, definitively imposed in May 2017 andprovisionally in August 2016, are now in effect until 15 December.
The duties amount to the difference between the landed value and $478-561/tonne in the case of the HR flats, and landed value and $576/t in the case of CR flats. The products affected fall under HS code headings 7208, 7211, 7225 and 7226 in the case of HR flats, and7209, 7211, 7225 and 7226 in the case of CR flats.
The duties do not apply to HR stainless steel, electrolytically-plated or zinc-coated steel, or claddedsteel. In the case of CR flats they do not apply to stainless, high-speedsteel or silicon electrical steel.
Short comments: In order to stabilize the price of steel products in India's domestic market, this may lead to the increase of the price of the corresponding products. You may wish to inquire about drum closure with better quality in the Chinese market.
The Development Trend and Use of Closed Steel DrumsAugust 7, 2023With the further deepening of China's opening up to the outside world, the national standard steel drum has been restricted in export packaging. In recent years, a number of steel drum enterprises...view
Meeting Modern Challenges in Drum Packaging IndustryJune 30, 2022While sustainability is high on the agenda of many companies in the industry, it is certainly not the only factor influencing buying decisions. Increasing competition in the highly fragmented lubrican...view
Under Pressure! Steel Margins On Course To Contract By 2022July 1, 2022Recovering from the new covid-19 pandemic and pent-up demand has led to a surge in steel prices at a faster rate than raw materials, thus bringing huge profits to steelmakers.In 2021, the gap between ...viewTurkey Suspends Exports Of Hot Rolled Coils And Purchases Cold Rolled Coils From ChinaJuly 1, 2022Import indications from Spain and Italy have reached $1,080/tonne fob, excluding duties for the highest-duty-paying producer, meaning others can sell at $1,100-1,110/t fob, aparticipant says. Although...viewThe introduction of drum plugJune 16, 2023The content of product introduction today is the drum plug, which is usually divided into two types: galvanized and coated, with two sizes of 2 inches and 3/4 inches, round in shape, and screwed into ...view
The PACKCON Shows The New Power Of The Whole PackageJuly 1, 2022In order to make resources more concentrated and gather outstanding enterprises and products in the industry chain, China Packaging and Containers Exhibition 2021 will launch six special exhibition ar...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
