The Finance Ministry has imposed definitive anti-dumping
duty on imports of hot- rolled flat products of stainless steel from the
European Union, South Africa, US and Taiwan.
Jindal Steel Ltd had filed the petition seeking anti-dumping
probe on imports of hot-rolled flat products from these countries.
Countries excluded from the levy are hot rolled flat
products produced by Acerinox, Spain and exported by Acerinox Malaysia. There
will also be no anti-dumping duty on similar products produced and exported by
Outokumpu Stainless of Finland.
The anti-dumping duty levied on import of stainless steel
HRC products from various countries are as follows:
USA- $165.32/MT.
Taiwan- $432.44/MT
European union- $649.55/MT
South Africa- $160.14 – $200.50/MT
No anti-dumping duty has been levied on hot-rolled flat
products imported from South Korea.
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