CURRENT AFFAIRS

Detailed explanation-1: -India has initiated maximum anti-dumping cases against dumped imports from China.

Detailed explanation-2: -The recommended anti-dumping duty ranges from $114 per tonne to $3, 801 per tonne of stainless pipe and tubes of different grades. NEW DELHI : The Centre has imposed anti-dumping duty on stainless steel seamless tubes and pipes imported from China for five years to remove “injury” to the domestic industry.

Detailed explanation-3: -World Trade Organisation (WTO) rules permit the imposition of anti-dumping duties. India and China are both members of this multilateral organisation based in Geneva.

Detailed explanation-4: -India has imposed an anti-dumping duty on stainless steel seamless tubes and pipe imports from China for five years to remove “injury” to the domestic industry, according to a government notification.