The Indian government has imposed anti-dumping duties on welded stainless steel pipes and tubes from Vietnam and Thailand. These duties will last for five years. Here are the key details:

Key PointsDetails
Imposed Duty$246-307 per metric tonne, depending on the producer and origin country.
DurationFive years.
ReasonThe DGTR found that imports from these countries were “at dumped prices.” This caused injury to India’s domestic industry.
Duty for Thai Producers$246 per metric tonne, except for I Stainless Steel Co Ltd.
Duty for Vietnamese Producers$307 per metric tonne, except for Sonha SSP and Steel 568 Co.
Probe PeriodImports between April 2022 and March 2023.
ComplaintThe Stainless Steel Pipe and Tubes Manufacturer Association is based in Delhi. The Stainless Steel Pipe & Tubes Manufacturers Association is located in Gujarat.
Domestic Industry ParticipationAbout 40 domestic producers, representing half of India’s production, submitted data for the investigation.
Foreign Producers’ DefenseArgued that the ASME-BPE certified products under investigation are not available in India and should be excluded from the scope.

The anti-dumping duty aims to protect Indian manufacturers from unfair trade practices. It also aims to restore a level playing field in the domestic market.


Discover more from Glottis Limited

Subscribe to get the latest posts sent to your email.

Leave a comment

Trending

Discover more from Glottis Limited

Subscribe now to keep reading and get access to the full archive.

Continue reading