KARACHI: Pakistan has imposed provisional anti dumping duties on cold-rolled coils/sheets/strips from Canada and Russia for four months, the National Tariff Commission revealed.
According to media, a “provisional anti dumping duty at the rate of 13.94% ad valorem of the C&F price” has been imposed on the steel products, the commission said, after it “determined that the domestic industry suffered material injury on account of significant increase in volume of dumped imports.”
Notably, the investigation was a result of an application filed by Aisha Steel Mills and International Steels, both based in Karachi.
Pakistan imposed anti-dumping duties on products from Canada and Russia
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 its preliminary findings were published, which should be about March 20, 2020.
Pakistan has a steel production capacity of about 8.5 million mt/year to 9 million mt/year, according to data from the country’s National Steel Advisory Council.
Overall steel imports during financial year 2017-2018 were 8 million mt, of which 5.3 million mt was raw material and 2.7 million mt was finished products. Flat steel imports reached 2.22 million mt in FY 2017-2018, slightly higher from 2.21 million mt the year before.
