Anti-Dumping Duty Imposed on Stainless Steel Imports from Vietnam

The Indian government has imposed an anti-dumping duty on welded stainless steel pipes and tubes imported from Vietnam and Thailand, following recommendations from the Directorate General of Trade Remedies (DGTR). The duty, which will remain in place for five years, ranges from $246 to $307 per metric tonne, depending on the producer and the country of origin.

This decision comes after the DGTR concluded that these products were exported to India at dumped prices, which caused harm to the domestic stainless steel industry. The investigation covered imports from April 2022 to March 2023. Thai steel producers, except I Stainless Steel Co Ltd, will face a duty of $246 per metric tonne, while Vietnamese producers, excluding Sonha SSP and Steel 568 Co., will be subjected to a $307 per metric tonne duty.

The investigation was initiated following complaints by the Delhi-based Stainless Steel Pipe and Tubes Manufacturer Association and the Stainless Steel Pipe & Tubes Manufacturers Association of Gujarat. Around 40 domestic producers, accounting for half of India’s stainless steel and pipes production, provided data for the probe.

Foreign steel producers argued that the ASME-BPE-certified products under investigation were not available in India and should, therefore, be excluded from the scope of the anti-dumping investigation.