DGTR issued final findings recommending extension of anti dumping duties in Sunset review investigation concerning imports of Cold-Rolled Flat Products of Stainless Steel of width 600 mm to 1250 mm and above 1250mm of non bonafide usage originating in or exported from China PR, Korea RP, European Union, South Africa, Taiwan, Thailand and USA on (20.01.2021).

Product description – The product under consideration is “Cold-rolled Flat products of stainless steel of width 600 mm to 1250 mm (width tolerance of +30 mm for Mill Edged and +4mm for Trimmed Edged) and of width above 1250 mm for non bonafide uses; of all series not further worked than Cold rolled (cold reduced); with a thickness of up to 4mm, excluding the following

  1. Grades AISI 420 high carbon, 443, 441, EN 1.4835, 1.4547, 1.4539, 1.4438, 1.4318, 1.4833 and EN 1.4509;
  2. Product supplied under Indian Patent No. 223848 in respect of goods comprising Low Nickel containing Chromium-Nickel Manganese-Copper Austenitic Stainless steel and representing Grades YU 1 and YU 4, produced and supplied by M/s Yieh United Steel Corp (Yusco) of Chinese Taipei (Taiwan)
  •  Further, the product under consideration excludes the following:
  • an importer who imports the subject goods for end use in the same form without slitting; or
  • slitted it into 2 or more subject goods, i.e., of sizes above 1250 mm (for example a 2600 mm piece slitted into two 1300 mm size pieces)

Provided that the importer followed the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017”

HS Codes – The product under consideration is classified under the category “Base Metals and Articles of Base Metals” in Chapter 72 of the Customs Tariff Act, 1975 and further under 7219.31, 7219.32, 7219.33, 7219.34, 7219.35 and 7219.90 as per Customs Classification. However, Customs classification is indicative only and is in no way binding on the scope of the present investigation.

PCN- The product control number was identified based on grade of the product, form of the product, width of the product, thickness and finish of the product.

Uses – The subject goods are used for manufacturer of white goods, processed equipment, dairy equipment, automotive components, rail carts, metro coaches, architecture, building and construction, etc. 

Countries involved – Peoples Republic of China, Republic of Korea, the European Union, South Africa, Chinese Taipei, Thailand and the United States of America, however the duty was extended only on  People’s Republic of China and Republic of Korea.

Applicants – M/s Jindal Stainless (Hisar) Limited, M/s Jindal Stainless Limited and Jindal Stainless Steelway Ltd.

Date of imposition of duty – Original duty was imposed on24th November, 2009, duty was further imposed in first Sunset review investigation on 12th October, 2015 and in the second sunset review investigation (present case) the duty was recommended by the Designated Authority on 20th January, 2021, which is yet to be be implemented by the Ministry of Finance.

Date of initiation – 30th September, 2020

Period of investigation – April 2019 – March 2020

Injury period – 2016-17, 2017-18, 2018-19 and 2019-20.

Margins and proposed duty –

Country Dumping Margin Injury Margin Proposed Duty
Range Range (US$/MT)
China PR 30-40% 0-10% 57.39%
Korea RP 20-30% 20-30% 13.44%

Key findings –

  • There has been a significant increase in volume of dumped imports from subject countries in absolute terms and in relation to production and consumption in India.
  • There is continued dumping of subject goods from subject countries
  • Landed price of imports from the subject countries as a whole is positive. Imports are undercutting the domestic prices.
  • The performance of the domestic industry has improved in the POI. However, the domestic industry is vulnerable to dumping and injury in the event of cessation of duties.
  • Cessation of existing anti-dumping duty on the imports of the subject goods from China PR and Korea RP will lead to dumping and injury to the domestic industry.
  • Cessation of existing anti-dumping duty on the imports of the subject goods from European Union, South Africa, Taiwan, Thailand and USA will not lead to dumping and injury to the domestic industry.