India starts safeguard probe against sudden, sharp jump in met coke imports
India has started a safeguard probe into sudden and sharp increase in the imports of metallurgical coke, used as fuel in steel and chemicals plants, following a complaint by domestic industries that the inbound shipments are impacting them.
In an application to the commerce ministry's arm Directorate General of Trade Remedies (DGTR), BLA Pvt Ltd, Jindal Coke Ltd, Saurashtra Fuels, Vedanta Malco Energy and Visa Coke Ltd have alleged that there has been sudden, sharp, significant and recent increase in the imports of low ash metallurgical coke in India, which is adversely impacting the industry.
To guard the industry from these imports, the applicants have requested imposition of safeguard measures in the form of quantitative restrictions on the imports.
"On the basis of the duly substantiated application filed by the petitioners...the authority considers that there is sufficient evidence to justify initiation of safeguard investigation," the DGTR has said in a notification.
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