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Govt not to impose anti-dumping duty on flat-rolled products of stainless steel from China & other countries


The central government has decided not to impose anti-dumping duty on imports of flat-rolled products of stainless steel from China, Korea, the European Union, Japan, Taiwan, Indonesia, the US, Thailand, South Africa, UAE, Hong Kong, Singapore, Mexico, Vietnam and Malaysia as proposed by the Directorate-General of Trade Remedies (DGTR) in its probe report, as per an office memorandum of the Department of Revenue. The Commerce Ministry’s investigation arm, DGTR, had last year recommended imposition of the duty for five years after concluding in a probe that domestic industry was impacted due to dumping of the goods from these countries, said a report. 

 

Source: Exim News Service: New Delhi, July 21

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