India terminates its investigation of flat rolled stainless steel in Vietnam

(Daiphuc corp) - India concludes that the volume of imported steel products under investigation from Mexico, South Africa, Thailand, the United States and Vietnam are all less than 3% and the combined total imports from these countries is less than 7%.
The Department of Trade Defense (Ministry of Industry and Trade) said that on December 11, the General Department of Trade Defense (DGTR) under the Ministry of Industry and Trade of India announced the conclusion of the preliminary investigation of the anti-dumping investigation ( Antidumping) for some imported cold rolled stainless steel products.
Namely imported from Vietnam, China, Korea, European Union, Japan, Taiwan, Indonesia, USA, Thailand, South Africa, UAE, Hong Kong, Singapore, Mexico, and Malaysia.
Accordingly, DGTR concludes that the volume of product imports investigated from each of Mexico, South Africa, Thailand, the US and Vietnam are all less than 3% and the combined total imports from these countries is less than 7%.
According to the provisions of the anti-dumping laws of the WTO and India, DGTR will terminate the anti-dumping investigation against the above countries, including Vietnam due to the insignificant amount of imports. The remaining countries and territories were concluded with dumping margins from 0% to 65%.
Previously, on July 3, 2019, DGTR announced the initiation of an anti-dumping investigation on some flat rolled stainless steel products of HS codes 7219, 7220 imported into India from Vietnam. and some countries and regions.
Source: Vietnambiz


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