India finalizes decision to levy AD duties on welded stainless pipes from Vietnam & Thailand
Views : 67
Update time : 2024-11-07 15:45:49
The Indian government decided to impose a five-year anti-dumping (AD) duty on welded stainless steel pipes and tubes from Vietnam and Thailand, accepting the recommendations from the Directorate General of Trade Remedies (DGTR) that the subject products were being sold in the Indian market at harmful pricing and therefore injuring the domestic industry.
The AD duty rate is in the range of US$246 to 307 per ton, with a specific duty rate based on the producer and country of origin.
The period of the investigation spans from April 2022 to March 2023.
The investigation was launched based on a complaint submitted by domestic stainless steel pipes and tubes manufacturers associations.
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
