Ministry of Steel

Posted On: 12 FEB 2019 3:33PM by PIB Delhi

A delegation led by Additional Secretary Steel visited Canada recently to participate in the safeguard inquiry on Stainless Steel Wire (SSW) and Energy Tubular Products (ETP).

Canada has imposed provisional safeguard measures in the form of Tariff Rate Quota against the imports of seven product categories of steel. Canada has also initiated safeguard inquiry and requested submissions from interested parties. Since Indian exporters have a huge stake in two product categories, namely SSW and ETP, Ministry of Steel decided to participate in the inquiry.

Governments of Korea, Thailand, Mexico, Romania and Brazil also submitted their oral arguments in the safeguard inquiry of ETP.

It is expected that the tribunal will come out with the report along with recommendations on 3^rd April 2019.

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Safeguard inquiry: India participated to defend stainless steel wire and energy tubular exporters against tariff rate quota measures. The Government participated in a foreign safeguard inquiry to represent exporters of stainless steel wire and energy tubular products against provisional Tariff Rate Quota measures, submitting arguments and oral presentations as an interested party within the importing country's safeguard procedure; other foreign governments also participated and the tribunal will report with recommendations under the safeguard framework.