Islamabad February 7 2022: The National Tariff Commission imposed duty ranging from 6.18 percent to 17.25 percent on imports of flat-rolled products of iron or non- alloy steel and cold- rolled sheets form from the European Union, Republic of Korea, Chinese Taipei and Vietnam to protect Aisha Steel and International Steel limited.
Antidumping duties on dumped imports of the investigated product importable from the Exporting Countries are hereby imposed for a period of five years effective from August 23, 2021.
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The National Tariff Commission (the “Commission”) initiated an antidumping investigation on February 25, 2021 concerning dumping of the of flat-rolled products of iron or non- alloy steel, cold- rolled (cold- reduced), not clad, plated or coated, of prime and secondary quality, of a thickness ranging from 0.15 mm to 3.00 mm in rolls or slit to length sheets, excluding CR Coils/ Sheets used in auto skin/auto grade into Pakistan originating in and/or exported from the European Union, Republic of Korea, Chinese Taipei and Vietnam (the “Exporting Countries”) and material injury caused by such dumped imports to the domestic industry manufacturing CR Coils/Sheets.
The application for this investigation was lodged by Aisha Steel Mills Limited, Karachi and International Steel Limited, Karachi (the “Applicants”). The Applicants are producers of CR Coils/Sheets.
The Commission made a preliminary determination in this case and imposed provisional anti-dumping duties ranging from 6.18 percent to 17.25 percent ad valorem on imports of the investigated product for a period of four months.