NEWS DETAILS

Date: 08/11/2024

India imposes anti-dumping duty on welded stainless steel pipes from Vietnam, Thailand

India has imposed  anti-dumping duty on welded stainless steel pipes and tubes imported from Vietnam and Thailand, accepting recommendations from the Directorate General of Trade Remedies (DGTR). The duty, imposed for five years, varies from $246-307 per metric tonne, depending on the producer and country of origin. It comes after the DGTR concluded that welded stainless steel pipes and tubes had been exported to India from these countries at dumped prices and the domestic industry had suffered injury because of these imports. The probe covered imports between April 2022 and March 2023. For steel producers in Thailand, except I Stainless Steel Co. Ltd, a $246 per metric tonne duty has been slapped, while for Vietnamese steel producers, except Sonha SSP and Steel 568 Co., a $307 per metric tonne duty has been imposed, as per a report.
 
source: Exim News Service: New Delhi, Nov. 7