Anti-dumping duty imposed on welded stainless steel pipes, tubes - Business News, Finance News, Share Market News - Market trendz

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Thursday, 7 November 2024

Anti-dumping duty imposed on welded stainless steel pipes, tubes


India imposed anti-dumping duty on certain steel pipes and tubes from Vietnam and Thailand. The duty will last for five years. The government acted on a complaint by Indian steel producers. The producers said that Vietnamese and Thai companies were selling these products at very low prices in India. This hurt their business. The duty ranges from $246 to $307 per metric tonne.

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