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Wednesday, December 13, 2000

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Anti-dumping steps against China, EU

By Our Special Correspondent

NEW DELHI, DEC. 12. Even as the outcry by the domestic industry is mounting against ``dumping'' of cheap goods into the country, the Government today initiated anti-dumping investigations against import of zinc oxide from China and choline chloride from China and the European Union. Two separate notifications of initiation have been issued for these industrial chemicals by the Directorate General of Anti-dumping and Allied Duties under the Union Commerce Ministry.

In one case, the directorate has initiated anti-dumping investigations against imports of zinc oxide from China. This, it is stated, has been taken up as there is sufficient prima-facie evidence that the normal value of goods in the country concerned is significantly higher than the price at which it has been exported to India. This indicated the goods are being dumped by the exporters from the subject country, the notification says.

Since an anti-dumping investigation can be launched only if such imports cause material injury to domestic producers, the notification maintains that ``various parameters relating to injury such as price undercutting by the dumped imports, financial losses due to depressed prices despite stable demand indicate that the domestic industry has suffered material injury on account of dumping from the subject country''.

In the second case relating to imports of choline chloride, the anti-dumping directorate has launched an investigation into dumping against China and the European Union. In this case also, the notification says there is sufficient prima facie evidence that the normal value of the subject goods in the subject countries is significantly higher than the price at which it has been exported to India. This indicates prima facie that the goods are being dumped from these countries, it is stated.

As for material injury to domestic industry, it cites price undercutting by dumped imports, sales below production costs resulting in per unit losses, increase in volume of dumped imports and loss of market share. ``Prima facie, (these) collectively and cumulatively indicate that the domestic industry has suffered material injury on account of dumping from subject countries'', the notification says.

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