The anti-dumping duties will remain in effect for the next five years, ranging from USD 246 to USD 307 per metric tonne with specific rates determined by the producer and the country of origin. The move, aimed at protecting domestic manufacturers, followed a comprehensive investigation by the Directorate General of Trade Remedies (DGTR).
Nov 6, 2024
The Government of India has imposed anti-dumping duties on welded stainless steel pipes & tubes imported from Vietnam and Thailand.
The move, aimed at protecting domestic manufacturers, followed a comprehensive investigation by the Directorate General of Trade Remedies (DGTR) that revealed evidence of pricing practices harmful to local manufacturers.
The anti-dumping duties, which would remain in effect for the next five years, range from USD 246 to USD 307 per metric tonne, with specific rates determined by the producer and the country of origin.
Vietnamese steel makers, with the exception of Sonha SSP and Steel 568 Company, would be subjected to a higher rate of USD 307 per metric tonne, while Thai steel manufacturers, except Stainless Steel Company Limited, would face a duty of USD 246 per metric tonne.
The DGTR, which examined imports between April 2022 and March 2023, initiated the probe following complaints from two prominent industry associations, including the Delhi-based Stainless Steel Pipe and Tubes Manufacturer Association, and its Gujarat counterpart.
More than 40 domestic manufacturers, representing around 50 percent of India’s stainless steel industry, contributed data for the investigation.
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Foreign manufacturers argued that their products, which were certified by the American Society of Mechanical Engineers: Bioprocessing Equipment (ASME-BPE), should be exempted from the duties.
However, the probe by DGTR revealed that the imported products were being sold at dumped prices, resulting in demonstrable injury to the domestic industry.