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<h1>India Imposes Five-Year Anti-Dumping Duty on Steel Wire Rod Imports from China to Protect Domestic Industry.</h1> The Government of India, through the Ministry of Finance, has imposed a definitive anti-dumping duty on imports of 'Wire Rod of Alloy or Non-Alloy Steel' from China. This decision follows findings that these goods were being dumped in India at prices below their normal value, causing material injury to the domestic industry. The duty, effective from November 2, 2016, will last for five years, unless altered earlier, and aims to counteract the negative impact of these imports on local producers. The duty is calculated based on the difference between the landed value and a specified amount, payable in Indian currency.