India has initiated an anti-dumping investigation into imports of cold-rolled flat stainless steel products from China, Indonesia, and Vietnam.
The Directorate General of Trade Remedies (DGTR), operating under the Ministry of Commerce and Industry, commenced the probe following a complaint filed by the Indian Stainless Steel Development Association (ISSDA) on behalf of domestic producers.
The ISSDA alleges that these imports are being sold at unfairly low prices, a practice known as dumping, which has caused material injury to the domestic industry.
The investigation focuses on cold-rolled flat products of the 300 and 400 series, including coils, sheets, plates, strips, rounds, and other forms in all grades, finishes, and thicknesses.
The period under investigation is from April 2024 to March 2025, with the injury assessment covering the fiscal year 2022–23. The DGTR has found prima facie evidence suggesting that these imports have adversely affected Indian manufacturers by undercutting domestic prices and causing financial harm.
If the investigation confirms the allegations, the DGTR may recommend the imposition of anti-dumping duties to protect the domestic industry from unfair trade practices. The final decision on the imposition of such duties will rest with the Ministry of Finance.
This move is part of India’s broader strategy to safeguard its domestic industries from unfair competition and to ensure a level playing field in international trade.
The outcome of this investigation could have significant implications for trade relations between India and the affected countries, as well as for the global steel market.
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