India Initiates Anti-Dumping Probes on Specialty and Flat Steel Imports from Multiple Countries
India's Directorate General of Trade Remedies (DGTR) has initiated multiple anti-dumping investigations into imports of specialty steel products, including Cold-rolled Grain-oriented Steel (CRGO), Amorphous Metal (AM), and hot-rolled flat steel from China, Japan, Korea, Russia, Thailand, the US, and Singapore. These probes follow complaints from domestic steelmakers like JSW JFE Electrical Steel and others, citing injury from low-priced imports. While the investigations aim to protect local industry and support government incentives, experts warn that duties on CRGO could raise transformer costs and affect India's power grid expansion plans due to heavy import dependence.