August 22, 2008

India imposes AD duty on ductile iron pipes from China

It is reported that India's Ministry of Commerce & Industry announced final determination against Chinese ductile iron pipes on August 23rd 2007 after an anti dumping investigation.

As per report, ductile pipes made by Xinxing Ductile Iron Pipes Company Ltd will be imposed an anti dumping duty of USD 127.4 per tonnes that made by other producers USD 139.79 per tonnes.

Xinxing Ductile Iron Pipes Company Ltd said in an announcement that it exports annually 12,000 tonnes of ductile iron pipes to India and during last three years exports to India was merely 1.5% of its total dales volume.

(Sourced from MySteel.net)