India: DGTR recommends AD duties on welded SS pipes, tubes imports from Thailand, Vietnam

India's Directorate General of Trade Remedies (DGTR) has released its final findings from an anti-dumping investigation into the import of welded stainless-steel pipes and tubes from Thailand and Vietnam. The investigation, which began on 30 September, 2023, was initiated following complaints from domestic producers who claimed that these imports were causing injury to the local industry. As a result, the Ministry of Commerce and Industry will enforce anti-dumping measures for the next five years.

The DGTR's investigation revealed that imports from Vietnam and Thailand were significantly undercutting domestic prices, leading to a decline in both market share and profitability for India's stainless-steel industry. It was found that imports had surged, particularly from producers exempt from countervailing duties, creating unfair competition that negatively impacted