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India Seeks Anti-Dumping Duty on Chinese Alloy Steel

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India 11 Aug 2025 02:02 PM IST Economic Times

India Seeks Anti-Dumping Duty on Chinese Alloy Steel

The Alloy Steel Producers Association of India (ASPA) has formally approached the Directorate General of Trade Remedies (DGTR) seeking the imposition of anti-dumping duties on alloy steel wire rods imported from China. The petition, filed on July 31, follows growing concerns over the surge of low-cost imports that are significantly undercutting domestic market prices.

ASPA, which represents leading Indian producers such as JSW Steel, Jindal Steel, Kalyani Steels, and Mukand Sumi Special Steel, argues that these imports are being sold at unfairly low rates, causing material injury to local manufacturers. Alloy steel wire rods are a key input for high-performance applications in automotive, defense, railways, and aerospace sectors, making their market stability critical for India’s industrial base.

India’s alloy steel industry currently has an annual production capacity of 18–20 million metric tonnes, with investments aimed at enhancing both quality and output. However, industry leaders caution that the continued influx of dumped products could jeopardize jobs, discourage fresh investments, and threaten the long-term competitiveness of domestic producers.

The DGTR is expected to review the evidence and determine whether anti-dumping measures are warranted. If approved, these duties would help restore fair pricing, safeguard the industry, and ensure a level playing field for Indian manufacturers.

Industry stakeholders view this move as essential to protecting India’s alloy steel sector in the face of aggressive pricing strategies by overseas suppliers.