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        Case ID :
        Customs, DGFT & SEZ

        Promotion of Steel Sector

        August 3, 2015

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        Some domestic Steel Manufacturers and other stake holders have represented against surge in imports of steel.  The same has been examined by Government and the following steps taken:-  

        (i)  To ensure that only quality steel is imported, Government has notified Steel and Steel Product (Quality Control) Order dated 12.03.12 as last amended on 04.12.14.

        (ii) Imposed anti-dumping duty on hot rolled flat stainless steel imports from China, Malaysia and South Korea on 05.06.2015.

        (iii) Raised the basic Customs Duty on various categories of steel vide Notification No.39 dated 16.06.2015.

        (iv) Notified Coal Mines (Special Provisions) Amendment Act, 2015 on 30.03.2015 and auctioned Coal Mines.

        (v) Notified Mines and Minerals (Development and Regulations Amendment) Act, 2015 on 27.03.2015.

        (vi) Imposed Export Duty at the rate of 30% ad valorem on all varieties of iron ore with effect from 30.12.2011 and 5% ad valorem on iron ore pellets with effect from 27.01.2014.  Further Export Duty at the rate of 10% has been levied on iron ore containing less than 58% Fe content with effect from 30.04.2015.

        The details of the import of Steel in the Country is as follows:-

         

        IMPORT OF TOTAL FINISHED STEEL ('000 tonnes)

        COUNTRY

        2012-13

        2013-14

        2014-15

        April-June    2015-16*

        ARGENTINA

        2.1

        0.5

        0.82

        0

        AUSTRALIA

        8.4

        5.1

        8.28

        1.09

        BAHRAIN

        7.0

        0.8

        0.22

        0.02

        BANGLADESH

        0.0

        0.0

        0

        0

        BELGIUM

        168.2

        94.8

        126.13

        30.9

        BRAZIL

        144.3

        70.0

        128.87

        1.26

        CANADA

        34.7

        18.1

        7.31

        0.87

        CHILE

        0.1

        0.1

        0.02

        0

        CHINA

        1688.2

        1088.4

        3600.42

        723.16

        DENMARK

        3.5

        1.0

        4.78

        1.02

        DJIBOUTI

        0.1

        0.0

        0

        0.62

        EGYPT

        0.0

        0.0

        0

        0

        FINLAND

        12.4

        13.8

        11.8

        3.8

        FRANCE

        126.7

        36.5

        155.84

        24.86

        GERMANY

        569.5

        186.0

        149.03

        89.07

        GHANA

        0.0

        0.0

        0

        0

        HONGKONG

        3.2

        0.4

        1.5

        0.23

        INDONESIA

        5.5

        2.3

        14.41

        83.8

        IRAN

        129.2

        100.7

        0

        0

        ITALY

        83.1

        25.2

        54.95

        8.29

        JAPAN

        1545.0

        1355.7

        1583.31

        584.98

        JORDAN

        0.0

        0.0

        0

        0

        KAZAKHSTAN

        14.1

        8.1

        8.93

        0

        KOREA

        1576.7

        1312.6

        1874.93

        602.56

        KUWAIT

        0.3

        0.1

        1.79

        0

        LEBANON

        0.0

        0.0

        0

        0

        MACEDONIA

        0.0

        0.0

        0

        0

        MALAYASIA

        45.3

        29.9

        95.99

        17.7

        NETHERLANDS

        25.7

        21.6

        40.21

        7.49

        ROMANIA

        10.4

        26.2

        11.14

        0.5

        RUSSIA

        326.6

        145.9

        226.02

        56.72

        SAUDI ARABIA

        41.0

        47.8

        4.19

        0.26

        SOUTH AFRICA

        57.9

        44.1

        71.47

        13.94

        SPAIN

        73.5

        21.1

        29.67

        5.77

        SRI LANKA

        0.3

        0.2

        0.12

        0.01

        TAIWAN

        200.1

        118.8

        190.33

        44.84

        THAILAND

        18.3

        21.9

        15.93

        14.15

        TURKEY

        36.3

        14.1

        29.09

        0.43

        U.K.

        63.3

        28.0

        30.26

        9.2

        UAE

        41.1

        19.6

        34.14

        11.55

        UKRAINE

        419.7

        323.0

        348.77

        95.34

        USA

        116.8

        79.3

        120.12

        17.46

        Others

        326.4

        188.7

        339.24

        118.3

        Total

        7925

        5450

        9320

        2570

        Source: JPC; *prov

         
         

         Trend :   There is decline of about 31 % in imports during 2013-14 and increase of about 71 % during 2014-15, as compared to previous financial year. 

        The Minister of Steel and Mines Shri Narendra Singh Tomar provided this information in reply to a question in Lok Sabha today.

        *****

        YSK/Uma

        Trade remedies and import controls tightened to ensure quality, impose anti dumping and raise duties on steel imports. Government tightened import controls for the steel sector through a Quality Control Order, imposition of anti-dumping duties on specified stainless steel imports, and increases in basic customs duty on various steel categories; supply-side actions include amendments to mining and coal laws, auctioning of coal mines, and export duties on iron ore and pellets to moderate raw material outflows.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Trade remedies and import controls tightened to ensure quality, impose anti dumping and raise duties on steel imports.

                                Government tightened import controls for the steel sector through a Quality Control Order, imposition of anti-dumping duties on specified stainless steel imports, and increases in basic customs duty on various steel categories; supply-side actions include amendments to mining and coal laws, auctioning of coal mines, and export duties on iron ore and pellets to moderate raw material outflows.





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