⚖️Preliminary Antidumping Duty Results for Stainless Steel from India
Stainless Steel Bar From India: Preliminary Results and Intent To Rescind, in Part, of Antidumping Duty Administrative Review; 2023-2024
Summary
The U.S. Department of Commerce (Commerce) is conducting an administrative review of the antidumping duty (AD) order on stainless steel bar from India. The period of review (POR) is February 1, 2023, through January 31, 2024. This review covers eight producers/exporters of the subject merchandise. We preliminarily determine that Atlas Stainless Corporation Private Limited (Atlas) to be collapsed with Astrabright LLP, Bahubali Steel Industries, Eurostahl Tech LLP, Venus Metal Corporation, Precision Metals, Venus Wire Industries Private Limited, Hindustan Inox Limited, and Sieves Manufactures (India) Private Limited, and sold subject merchandise at less than at normal value (NV) during the POR. We also preliminary determine that Aamor Inox Limited (Aamor) did not make sales of subject merchandise at less than NV during the POR. We invite interested parties to comment on these preliminary results.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The content outlines preliminary results of an antidumping duty administrative review affecting stainless steel bar imports from India. This has direct financial implications for business owners involved in import/export, as it sets specific dumping margins and compliance expectations for companies. Compliance with antidumping regulations will affect pricing and market access.