India anti-circumvention measures will be taken against cold rolled stainless steel flat products

India's Ministry of Finance announced that since October 24, 2017, anti-circumvention measures will be taken against cold rolled stainless steel flat products originating from mainland China, Taiwan, South Korea, the EU, South Africa, Thailand and the United States.

India announced that on December 11, 2015 levied a five-year anti-dumping duty on cold-rolled stainless steel flat products with the widths of 600-1250mm (Tariff Nos. 7219.31, 7219.32, 7219.33, 7219.34, 7219.35 and 7219.90). The tax rate of the China Mainland product is 57.39%, the tax rate of the China Taiwan product is 15.93%.

After the Indian domestic industry's application and anti-circumvention investigation, on August 18, 2017,the Indian Ministry of Commerce and Industry announced a final affirmative, it is proposed to extend the scope of the anti-dumping duties on cold-rolled stainless steel width more than 1250 mm Flat materials, and in accordance with the previous anti-dumping duties levied taxes. If the importer submits a legally binding written document committing itself to not cutting the above product into a width of less than 1250 mm, it is exempt from anti-dumping duties.

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