Singapore — Pakistan has imposed provisional antidumping duties oncold-rolled coils/sheets/strips from Canada and Russia for four months, theNational Tariff Commission said late last week.
Effective September 20, a “provisional antidumping duty at the rate of13.94% ad valorem of the C&F price” has been imposed on the steel products,the commission said, after it “determined that the domestic industrysuffered material injury on account of significant increase in volume ofdumped imports.”
The investigation was a result of an application filed by Aisha Steel Millsand International Steels, both based in Karachi.
The products fall under Pakistan Customs Tariff Numbers: 72091510,72091590, 72091610, 72091690, 72091710, 72091790, 72091810, 72091890,72091891, 72091899, 72092510, 72092590, 72092610, 72092690, 72092710,72092790, 72092810, 72092890 and 72112920.
The commission will make its final determination about 180 days after itspreliminary findings were published, which should be about March 20, 2020.
Read Top Stories
Pakistan has a steel production capacity of about 8.5 million mt/year to 9million mt/year, according to data from the country’s National SteelAdvisory Council.
Overall steel imports during financial year 2017-2018 were 8 million mt, ofwhich 5.3 million mt was raw material and 2.7 million mt was finishedproducts. Flat steel imports reached 2.22 million mt in FY 2017-2018,slightly higher from 2.21 million mt the year before.
— Clement Choo, clement.choo@spglobal.com
