India’s DGTR Recommends AD Duties on Stainless Steel Pipe Imports from China & Vietnam

07/08/2019 12:00 - 477 Views

Indian’s commerce ministry’s investigation arm Director General Trade Remedies, after concluding anti-subsidy investigation concerning imports of Welded Stainless Steel Pipes and Tubes originating in or exported from China PR and Vietnam, has recommended imposition of anti dumping duties. DGTR said that “Having regard to the contentions raised, information provided and submissions made by the interested parties and facts available before the Authority as recorded in the above findings, the Authority concludes that the product under consideration has been exported to India from subject countries at subsidized value, thus resulting in subsidization of the product, the domestic industry has suffered material injury due to subsidization of the product under consideration and the material injury has been caused by the subsidized imports of the subject goods originating in or exported from the subject countries. Authority considers it necessary to recommend imposition of definitive countervailing duty on the imports of the subject goods from China PR and Vietnam. Accordingly, the definitive countervailing duty as mentioned in Col 7 of the duty table below is recommended to be imposed from the date of notification to be issued in this regard by the Central Government, on all imports of the subject goods, originating in or exported from China PR and Vietnam.”

The product under consideration is “Welded Stainless Steel Pipes and Tubes”. The product under consideration is largely made either from 200 series or 300 series steel (though there are some market for 400 series pipes as well), and the price of pipes made from different series of steel varies significantly.

Description of goods - Welded stainless steel pipes and tubes
 
S.No. Country of origin Country of export Producer Duty amount as a % of CIF Value
1 China PR Any country including China PR Zhejiang Jiuli HiTech Metals Co., Ltd. 21.74
2 China PR Any country including China PR Any producer other than S.No. 1 29.88
3 Any country other than China PR and Vietnam China PR Any 29.88
4 Vietnam Any country including Vietnam Sonha SSP Vietnam Sole Member Company Limited NIL
5 Vietnam Any country including Vietnam Nam Cuong Metal Company Limited 11.04
6 Vietnam Any country including Vietnam OSS Dai Duong International Joint Stock Company 11.1
7 Vietnam Any country including Vietnam Vinlong Stainless Steel (Vietnam) Co., Ltd. 10.33
8 Vietnam Any country including Vietnam Steel 568 Co., Ltd. NIL
9 Vietnam Any country including Vietnam Ha Anh Stainless Steel Company Limited 11.96
10 Vietnam Any country including Vietnam Gia Anh Hung Yen Co., Ltd. 11.96
11 Vietnam Any country including Vietnam Any producer other than 4 to 10 above 11.96
12 Any country other than Vietnam Vietnam Any 11.96
 

Stainless Steel Pipe And Tubes Manufacturer Association New Delhi, 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 had jointly filed a petition for imposition of countervailing duty on imports of Welded Stainless Steel Pipes and Tubes from China PR and Vietnam

Source: SteelGuru
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