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India’s DGTR Recommends Anti-dumping Duty Hot Rolled SS304 Stainless Steel Imports

Steel News - Published on Thu, 01 Oct 2020

Image Source: Anti-dumping Duty Stainless Steel Imports
India’s Commerce Ministry's Director General Trade Remedies has recommended the continuation of anti-dumping duty on Hot Rolled Flat Products of Stainless Steel 304 series imported from China, Malaysia and Korea for five more years to guard domestic players from cheap inbound shipments. The Directorate General of Trade Remedies said “Having concluded that there is likelihood of continuation/recurrence of dumping and injury if the existing anti-dumping duties are allowed to cease, the Authority is of the view that continuation of duty is required on the imports of PUC from the subject countries.”

DGTR has suggested the duty as USD 160 per tonne, USD 255 per tonne and USD 155 per tonne for these three nations. The finance ministry will take the final decision to impose these duties.

Hot Rolled Flat Products of Stainless Steel 304 series means ‘"Hot Rolled austenitic stainless steel flat products; whether or not plates, sheets or coils (hot rolled annealed and pickled or black) of rectangular shape; of grade either 304 or 304H or 304L or 304N or 304LN or EN 1.4311, EN 1.4301, EN 1.4307 or X5CRNI1810 or X04Crl9Ni9, or equivalents thereof in any other standards such as UNS. DIN. JIS, BIS, EN. etc.; whether or not with number one or black finish; whether or not of quality prime or non-prime; whether or not of edge condition with mill edge or trim edge; of thickness in the range of 1.2mm to 10.5mm in Coils and 3mm to 105mm in Plates & Sheets; of all widths up to 1650mm (width tolerance of + 20mm for mill edge and + 5mm for trim edge)”.

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Posted By : Yogender Pancholi on Thu, 01 Oct 2020
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