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Saturday, Jun 08, 2002

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Industry & Economy - Anti-dumping

Dumping duty on graphite electrode imports imposed

K.R. Srivats


THE Finance Ministry has imposed provisional anti-dumping duty on imports of ultra high power (UHP) grade graphite electrodes from Poland and Brazil.

Based on the recommendations of the designated authority in the Commerce Ministry, the Revenue Department has imposed a provisional anti-dumping duty equivalent to the difference between $2,903.71 per tonne and the "landed value" of imports in US dollars per tonne on UHP grade graphite electrodes (of diameters up to and including 24 inch) from Poland.

Industry sources said that the Revenue Department had also imposed a provisional anti-dumping duty equivalent to the difference between $2,903.71 per tonne and the "landed value" per tonne on imports of UHP grade graphite electrodes from Brazil.

The petitioners — HEG Ltd and Carbon Everflow Ltd — accounted for more than 67 per cent of the domestic production of graphite electrodes — UHP grade (of diametres up to and including 24 inch) during the period of investigation. The total domestic production of graphite stood at about 60,000 tonnes.

The UHP grade graphite electrodes are used in electric arc furnaces. The graphite electrodes are used in arc furnaces as current carrying conductors and are required to carry a very high rate of power feed.

Electric arc furnaces are used in the melting of steel by passing electric current into the charge fed into the furnaces. This method of steel making is also known as secondary steel making.

The importers/user of UHP grade graphite electrode (of diameters up to and including 24 inch) include Tata Steel, Mukand Ltd and Essar Steel Ltd.

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