India Begins Probe Into Cheaper Imports of Ammonium Nitrate

New Delhi (Sputnik) — India claims that it has found sufficient evidence ammonium nitrate being dumped from Russia, Indonesia, Georgia and Iran since April 2015 in the country. Notification of a government agency says, "The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry in terms of rule 5 of the rules, to determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty which, if levied, would be adequate to remove the ‘injury' to the domestic industry."

The Directorate General of Anti-Dumping and Allied Duties (DGAD) is an investigating agency which acts upon a complaint filed by domestic manufacturer Deepak Fertilizers and Petrochemical Corp Ltd. Under the World Trade Organization rule, any country can start an investigation on a complaint of a domestic manufacturer citing anti-trade practices of foreign manufacturers hurting the domestic price.

"There is sufficient prima facie evidence that the normal value of the ammonium nitrate in subject countries is significantly higher than the ex-factory export price indicating that the subject goods are being dumped by exporters from subject countries into the Indian market and the dumping margin is estimated to be above de minimum," the notification says.

Earlier, Nirmala Sitharaman, India's Commerce and Industry Minister, says that an anti-dumping investigation is underway on imports of various steel products exported from China, Japan, Russia, Korea, Brazil and Indonesia.