Updates

Final Findings issued recommending imposition of anti-dumping duty on imports of Telescope Channel Drawer Slider originating in or exported from China PR. (19.10.2024)

Product Description – Telescopic channel drawer slider, also known as a drawer runner/ channel/ soft close telescopic channel, is generally used in drawers, which are used for storing things. It is a small device that helps to simplify fluid motion while the drawer is closed and opened. Telescopic channels or runners are an essential component of modern furniture design that enhances the functionality and aesthetics of drawers.

It consists of two or more interlocking metal sections that extend and retract as the drawer is opened and closed. Telescopic channels or runners are commonly used in furniture, cabinets, and appliances that require easy access to storage space.

However, products such as kitchen and bedroom fittings (such as trouser pull-out, slide mounted ties rack), slim box/ slim ergo, ultra slim box/ super slim ergo, Legra box, tandem box (drawer), Econo box, slim tandem box, double wall box, compact box, slimline tandem box, double wall drawer, matrix box are specifically excluded from the scope of the product under consideration.     

HS Codes – 83024110, 83024190 830224200, 83024900.

Country Involved – China PR

Applicant – N/A. The Authority suo-moto initiated the investigation. having regard to the representations filed by Highhope Furniture Fittings Manufacturers Associates Pvt Ltd.

Date of Initiation – 20th September 2023

Period of investigation – 1st April 2022 to 31st March 2023

Injury Period – 2019-20, 2020-21, 2021- 2022 and the period of investigation.

Proposed margin and duty – The Authority recommended a fixed form of anti-dumping duty, and the proposed duty ranged from 0 $/MT to 1.34 $/MT.      

Producer Dumping Margin % Injury Margin % Duty USD/MT
Jieyang Zhengbiao Hardware Co., Ltd 10-20 30-40 Nil
Foshan Shunde Heqian Precision Manufacturing Co., Ltd 40-50 40-50 Nil
Zhaoqing City Gaoyao District Kangxun Precision Manufacturing Technology Co. Ltd. 0-10 20-30 Nil
Jieyang Zhongxing Hardware Co.Ltd. 30-40 40-50 Nil
Foshan Fusaier Metal Products Co. Ltd. 20-30 30-40 Nil
Any other producers 40-50 20-30 422

Key Findings –

  1. The product under consideration is “telescopic channel drawer slider”, also known as a drawer runner/ channel/ soft close telescopic channel, originating in or exported from China PR.
  2. Products such as kitchen and bedroom fittings (such as trouser pull-out, slide mounted ties rack), slim box/ slim ergo, ultra slim box/ super slim ergo, Legra box, tandem box (drawer), Econo box, slim tandem box, double wall box, compact box, slimline tandem box, double wall drawer, matrix box are specifically excluded from the scope of the product under consideration.
  3. The Authority sampled 6 Indian producers, for providing costing and injury information, based on volume of production and sale and size of the company. The sampled domestic producers constitute eligible domestic industry and satisfied the criteria of standing.
  4. Demand for the product increased significantly over the injury period with marginal decline in the POI.
  5. The volume of imports from the subject country increased by almost 165% in the POI, constituting approximately 77% of the Indian demand despite the domestic industry having sufficient capacity to meet 90% of the domestic demand.
  6. Landed value of imports from the subject country concerned were lower than the Indian producer’s prices, thus undercutting the prices of the domestic industry.
  7. The dumped imports have supressed the domestic prices. The selling price of the like article made of mild steel is marginally above its cost while that of the like article made of stainless steel is even below cost in the POI. The landed value of imports of the subject goods made of mild steel and stainless steel is significantly below the cost of comparable like articles.
  8. New capacities were added in the POI, considering the increase in demand. The domestic industry’s production also increased but was materially below the levels that could have been achieved. The increase in sales volume was far lower than the increase in demand in Indian market. The domestic industry has been operating with low level of capacity utilization.
  9. Market share of domestic industry was 9% in POI. The Indian industry hold merely 18% of the market share despite holding a capacity of about 56,000 MT against the demand of 60,056 MT.
  10. The domestic industry earned meagre profits on cost of sales. Despite significant capacity addition and resultant increase in production and sales, the cash profits and return on capital employed declined
  11. Inventories of the domestic industry have increased throughout and significantly in the POI. Closing stock at the end of the POI was almost 30% of the production of domestic industry.
  12. Number of employees, salaries paid and productivity has increased over injury period.
  13. Domestic industry registered adverse growth in volume parameters and negative growth in profit, cash profit and ROCE with marginal improvement in the POI.
  14. No other factor has caused injury to the domestic industry.
  15. The impact of the proposed measures will be insignificant considering the nature of the PUC being consumed. The imposition of anti-dumping duty would not have any significant impact on the consumers.