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On Friday, the Government of India filed an appeal at the Dispute Settlement Body (DSB) of the World Trade Organization (WTO) against a panel report in the case of countervailing measures by the US against certain hot-rolled carbon steel products from India.
The appeal will be heard by a three-member body and its report is likely within three months.
India challenged the anti-dumping and countervailing duties levied on those products in April 2012. It says this was against both world trade and bilateral agreement rules. It requested the establishment of a panel in the case to examine this and one was constituted by the DSB in July 2012. The report came last month. The conclusion was that some of the Indian claims were outside the panel’s terms of reference; it rejected some other claims.
In July, the US department of commerce decided to continue with the anti-dumping duty and countervailing duties on import from India, Indonesia, China, Taiwan, Thailand and Ukraine. The US International Trade Commission decided that revocation of these would injure the US steel industry.
