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India starts CVD inquiry into imports of stainless steel pipes from China and Vietnam

Steel News - Published on Mon, 13 Aug 2018

Image Source: Sanyo Seiki Stainless Steel Corporation
The Directorate General of Trade Remedies announced that it has begun an investigation of imports of allegedly subsidized welded stainless steel pipes and tubes from China and Vietnam as there is evidence that subsidies had been imposed on these goods hurting the Indian domestic industry. It said that “The authority finds that there is prima facie evidence of existence of countervailable subsidies on production and export of the subject goods in People’s Republic of China and Vietnam, and such subsidised imports are causing material injury to the domestic industry through their volume and price effects.”

Stainless Steel Pipe And Tubes Manufacturer Association, New Delhi and Stainless Steel Pipes & Tubes Manufacturers Association, Ahmedabad, South India Stainless Steel Pipe And Tubes Manufacturer Association and Haryana Stainless Steel Pipe And Tube manufacturer Association have jointly filed an application before the Designated Authority, on behalf of the domestic industry. The applicants have alleged that the producers/exporters of the subject goods in the subject countries have benefited from the actionable subsidies provided by various levels in the Government of China and Vietnam, including the Governments of the different Provinces and Municipalities in which the producers/exporters are located, and other ‘Public Bodies’. The applicants have relied upon the relevant Laws, Rules and Regulations and other Notification of the relevant Government Agencies and Public Bodies as available in the public domain and in the determinations of other investigating Authorities who have conducted comprehensive investigation of such schemes and concluded existence of countervailable subsidy programs.

The product under consideration is “Welded Stainless Steel Pipes and tubes”, classifiable under various tariff sub-headings No. 73064000, 73066110, 73061100, 73062100.

The country involved in the present investigation is People’s Republic of China and Vietnam

The Period of Investigation (POI) in the present investigation is April 2017-March 2018 (12 months). The injury investigation period shall cover the periods 2014-15, 2015-16, 2016-17 and the period of investigation.

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Posted By : Ratan Singh on Mon, 13 Aug 2018
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