India Starts CVD Probe on Flat Stainless Steel from Indonesia
India has begun an anti-subsidy investigation into flat stainless steel products imported from Indonesia. India’s Director General Trade Remedies Vide Initiation Notification Case No. 01 (CVD)- 05 /2019 on 18th October announced the probe, based on a petition from Indian Stainless Steel Development Association, Jindal Stainless Limited, Jindal Stainless (Hisar) Limited and Jindal Stainless Steelway Limited.
Product under consideration - The product under consideration in the present investigation is “Flat Rolled Products of Stainless Steel, excluding the following
a. Blade Steel, or commercially known as razor blade grade steel used in the production of razor
b. Coin Blank falling under 73269099 used in the production of monetary coins.
Product under consideration can be transacted in a number of different forms, such as coils, sheets, plates, circles, strips or otherwise. All forms of the product are within the scope of the product under consideration.
The product under consideration falls under customs sub-heading nos. 7219 and 7220 of Chapter 72 of the Customs Tariff Act, 1975. The classification is, however, indicative only and in no way binding on the scope of the present investigations.
The period of investigation in the present investigation is April 2018- March 2019. The injury investigation period will, however, cover the periods 2015-16, 2016-17, 2017-18 and the period of investigation.
Incidentally, on 3rd July 219, DGTR has initiated anti-dumping investigation concerning imports of Flat Rolled Products of Stainless Steel from China PR, Korea RP, European Union, Japan, Taiwan, Indonesia, USA, Thailand, South Africa, UAE, Hong Kong, Singapore, Mexico, Vietnam and Malaysia.
Source : Strategic Research Institute