- Imports from China, Indonesia, Vietnam under the lens
- Investigation to cover all cold-rolled flat products of 300 & 400 series
The Directorate General of Trade Remedies (DGTR), Ministry of Commerce & Industry, has initiated an anti-dumping investigation into cold-rolled flat products of stainless steel (300 and 400 series) imported from China, Indonesia, and Vietnam. The petition was filed by the Indian Stainless Steel Development Association (ISSDA) on behalf of Jindal Stainless Ltd (JSL) and Steel Authority of India Ltd (SAIL), which alleged that these countries have been exporting stainless steel to India at unfairly low prices, causing material injury to domestic producers.
The investigation covers coils, sheets, plates, strips, rounds, and other forms in all grades, finishes, and thicknesses of the 300 and 400 series, while excluding hot-rolled stainless steel, razor blade steel, coin blanks, duplex grades, and the 200 series. The period of investigation is April 2024 to March 2025, with the injury assessment stretching back to FY’22.
DGTR found prima facie evidence of dumping, injury, and causal link, which justified the opening of the case. Interested parties, including foreign exporters and Indian importers, have been asked to submit relevant data and arguments within 30 days. Based on the findings, DGTR may impose anti-dumping duties, which could be applied retrospectively if deemed necessary.
This move underscores India’s effort to counter surging imports from these three Asian nations, which have been capturing a larger share of the Indian stainless steel market and pressuring domestic players on both margins and market share. If duties are imposed, the step could provide much-needed relief to Indian producers facing aggressive import competition.
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