Product under consideration – Stainless-Steel Seamless Tubes and Pipes with diameter up to and including 6 inches, whether manufactured using hot extrusion process or hot piercing process and whether sold as hot finished or cold finished pipes and tubes, including subject goods imported in the form of defectives, non-prime or secondary grades.
HS Code – 7304.
Uses – The product is used for structural purposes and to transfer liquids and gases.
Country involved – China PR
Applicants – Chandan Steel Limited, Tubacex Prakash India Private Limited and Welspun Specialty Solutions Limited.
Supported by – Ratnamani Metals and Tubes Limited
Period of investigation – 1st April 2020 to 31st March 2021
Injury period – 2017-18, 2018-19, 2019-20 and the period of investigation
Facts of the present case – The present application has been filed pursuant to imports entering at prices below cost of sales and selling price of the domestic industry, suppressing the prices of the domestic industry. The performance of the domestic industry has been adversely impacted in terms of capacity utilization, market share, increase in inventories and consequent losses, cash losses and negative return on investment. The growth of domestic industry in terms of profitability parameters has declined.
Consumer sector – The product is consumed in oil and gas, petrochemical and refineries, atomic energy, power generators including nuclear and thermal and aerospace and defence sectors.