DGTR Launches Five Anti-Dumping Probes Targeting Chinese Imports
The Directorate General of Trade Remedies (DGTR) has launched five anti-dumping investigations targeting a range of chemicals, pharmaceutical inputs, industrial equipment, and copper tubes after complaints from domestic producers about unfairly priced imports. China is the primary focus in all five cases, with additional countries named in four of them.
The investigations cover persulphates, clavulanic acid, counterbalance forklifts, internally grooved copper tubes, and caprolactam. The DGTR found evidence of dumped pricing in all cases, with significant price undercutting and rising import volumes. The caprolactam case is particularly notable as it directly impacts Gujarat State Fertilizers & Chemicals (GSFC), India's largest domestic producer, which saw its stock rise about 2.3% on Tuesday.
The copper tubes investigation stands out as the only one involving both anti-dumping and countervailing duty probes, suggesting the DGTR is examining whether price advantages stem from exporter behavior, state support, or both. The DGTR will now gather submissions from stakeholders before issuing preliminary findings and recommending potential duties to the finance ministry.
While the investigations have been initiated, it is important to note that no duties have been imposed yet. The process typically takes several months and may result in no duty being applied. The findings at this stage are preliminary and based on the applicants' submissions.