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MoneyWorks4Me

Government imposes anti-dumping duty on imports of cold-rolled Steel products

14 Dec 2015 Evaluate

The government has imposed an anti-dumping duty ranging from 5-57% on cold-rolled steel for a period of five years. The duty has been imposed on countries such as China, US, South Africa, Thailand and Taiwan.

The highest duty has been levied on steel from China. This is as high as 57.39%. Anti-dumping duty of 9.47% has been levied on cold-rolled flat products of stainless steel from the US, 29.41-52.56% from EU and5.39% from Thailand.