
India's Intrepid Import Intervention: Coke Conundrum
India scrapped quantitative restrictions on metallurgical coke imports after imposing anti-dumping duties of $30-120 per metric ton on shipments from China, Japan, & Poland. The Directorate General of Trade Remedies determined that these imports entered at prices 8-35% below normal value, injuring domestic producers whose market share fell from 88% to 82% & profit margins compressed from 8% to 3%. The policy shift from volume-based quotas to tariff-based protection enhances market efficiency by eliminating quota allocation distortions while maintaining protection for domestic coke producers. Annual imports of 3-4 million metric tons serve specialized applications requiring quality specifications that domestic production cannot consistently supply.