India starts AD duty review on Stainless Steel imports from three countries
MUMBAI (Scrap Register): India has started a sunset review of its antidumping duties on flat hot-rolled stainless steel products from China, Malaysia and South Korea, the Ministry of Commerce and Industry said.
The current duties, ranging from $180/mt to $316/mt, on "Hot Rolled Flat Products of Stainless Steel-304 Grade" are due to expire March 9, 2020, five years after they were first imposed.
In initiating the review, the ministry said it will "examine whether the expiry of such duty is likely to lead to continuation or recurrence of dumping and injury to the domestic industry."
The sunset review follows the ministry starting an antidumping probe in July into flat-rolled stainless steel products from China, the EU, Hong Kong, Indonesia, Japan, Malaysia, Mexico, Singapore, South Africa, South Korea, Taiwan, Thailand, the UAE, the US and Vietnam.