Updates

Initiation of sunset review investigation of countervailing duty concerning imports of Welded Stainless-Steel Pipes and Tubes originating in or exported from China and Vietnam (30.09.2023)

Product description – The product under consideration is Welded Stainless Steel Pipes and Tubes.

HS Codes – 7306 40 00, 7306 61 00, 7306 69 00, 7304 11 10, 7304 11 90, 7304 41 00, 7304 51 10, 7304 90 00, 7305 11 29, 7305 90 99, 7306 11 00, 7306 21 00, 7306 29 19, 7306 30 90, 7306 50 00, 7306 90 11, 7306 90 19 and 7306 90 90.

Uses – Welded Stainless Steel Pipes and Tubes are used for ornamental purposes or for industrial and structural purposes. It is used in various industries such as oil and gas, food processing, automobiles etc.

Countries Involved – China and Vietnam

Applicants – Stainless Steel Pipe and Tubes Manufacturer Association (Delhi) and Stainless Steel Pipes & Tubes Manufacturers Association (Gujarat)

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

Injury period – 2019-20, 2020-21, 2021-22 and the period of investigation

Facts of present case –The application was filed due to continued subsidisation of imports and increase in imports  of Welded Stainless Steel Pipes and Tubes from China and Vietnam. The Indian industry in the present case is fragmented in nature since there are more than 100 domestic producers of the subject goods in India. As a result, the application has being filed under Trade Notice 9/2021 dated 29th July 2021. The evidence submitted by the petitioning domestic producers demonstrated there is likelihood of continuation or recurrence of subsidization and injury to the domestic industry in case of expiry of duty in force. The Authority has also noted that there is increase in volume of imports from exporters subject to lower duties, transfer of subsidized raw material from China to Vietnam and overcapacities in the subject countries.