Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US admin appealed WTO ruling over import duties on Indian steel products. The trade body ruled that the US failed to fully comply with a five-year-old ruling that ordered the US government to lower duties in-line with global trade agreement. 


India had filed a complaint with the WTO in 2012, after the US had imposed around 300pc duties on imports of carbon-quality steel pipes stating that the Indian steel manufacturers were benefiting from unfair subsidies. WTO ruled in 2014 that the duties were a breach of global trade rules. 


The appeal would be filed at WTO’s Dispute Settlement Body (DSB), the US announced Wednesday. The DSB has no functioning appellate branch at present after its activities came to a halt on Dec 11. The body lacks quorum of three needed to hear cases, with mandatory retirements. 

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