EXPORT OF STEEL TO USA
India exported to
USA 7,24,000 tonnes of steel products during 1999-2000, 4,82,000
tonnes during 2000-01 and 1,23,000 tonnes during April'01 to January'02.
Some of the countries, which have imported Indian steel products
at constant or increasing rates during these years are : Thailand,
Indonesia, Japan, UAE, Belgium, Bangladesh, China and Nigeria.
The trade actions
imposed on Indian steel exports by USA have been responsible for
the decline in the level of exports. On the issue of the imposition
of anti dumping duty of 72.49 per cent and countervailing duty
of 12.82 per cent on import of Cut-to-Length Carbon Plates from
India by the US, the Indian Government has challenged the action
and taken the dispute to the Dispute Settlement Body (DSB) of
the WTO. The Government has been supporting the cause of Indian
exporters by disseminating information pertaining to global trade
and WTO-related issues and by taking up the cause of Indian exporters
in various anti-dumping and safeguard investigations.
was given by the Minister for Steel Shri B.K.Tripathy in a written
reply in the Lok Sabha today.