NEW DELHI: India is on the verge of imposing antidumping duties on coke from China and Australia — a move that will give domestic coke producers some reprieve amid surging coal prices, several sources said Monday.
The country’s Directorate General of Antidumping, which is part of the Ministry of Commerce and Industry, recommended late last week that a duty of $25/mt be imposed on imports from China and $16/mt on material from Australia.
Sources said that the finance ministry will make a decision on the issue in 10-20 days. The application requesting imposition of antidumping tariffs on imports from these two countries was actually filed as far aback as December last year.
