The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat steel products, according to an official notification.
The investigation was initiated in response to a petition from the Indian Steel Association, representing members such as ArcelorMittal Nippon Steel India (AMNS), AMNS Khopoli, JSW Steel, JSW Steel Coated Products, Bhushan Power & Steel, Jindal Steel and Power, and the Steel Authority of India.
The applicants allege a recent, sharp surge in import volumes, which they claim has significantly harmed the domestic steel industry. The investigation will focus on products such as hot-rolled (HR) coils, sheets, and plates; cold-rolled (CR) coils and sheets; and coated or prepainted steel products. However, certain items, like CRGO/CRNO, EG, tinplate, and stainless steel are excluded.
The affected products are classified under HS codes 7208, 7209, 7210, 7211, 7212, 7225, and 7226. The proposed investigation period spans from October 1, 2023, to December 30, 2024, while the injury investigation period covers April 1, 2021, to September 30, 2024.
Citing critical circumstances, the applicants have requested the imposition of provisional safeguard measures and proposed a four-year duration for the duties.
