New Delhi, July 1 -- An anti-dumping investigation into Cold Rolled Grain Oriented (CRGO) steel, a specialised input material critical to transformer manufacturing, has drawn sharp opposition from micro, small and medium enterprise (MSME) transformer makers and raised concerns about the long-term impact on electricity tariffs for consumers.

The Commerce and Industry Ministry ordered the probe on 22 June on the basis of an application filed by JSW JFE Electrical Steel Nashik Private Limited - a joint venture between JSW Steel and Japan's JFE Steel Corporation, and currently the only domestic producer of CRGO steel in India.

MSME Manufacturers Raise Alarm

CRGO steel accounts for 40 to 50 per cent of the cost of a transformer, making it t...