India's DGTR Unveils Vietnamese Steel Probe

Vietnam
VietnamImage Source: SteelGuru

Synopsis:

India's Directorate General of Trade Remedies delves into a trade investigation regarding stainless steel welded pipes from Vietnam and China. The investigation, prompted after five years of enforcement, seeks to reassess the necessity of continued trade defense measures, inviting stakeholders' inputs within specified timelines.

Article:

India's Directorate General of Trade Remedies (DGTR) has initiated an inquiry into stainless steel welded pipes originating from Vietnam and China. The investigation, conducted as a sunset review after five years of enforcement, aims to assess the ongoing need for trade defense measures and the potential threat to domestic industries if these measures are lifted.

Stainless steel welded pipes encompass various HS codes, including 7306 40 00, 7306 61 00, 7306 69 00, 7304 11 10, 7304 11 90, 7304 41 00, 7304 51 10, and 7304 90 00, with the scope extending beyond these codes.

The review, triggered by representatives of the domestic industry, involves evaluating the necessity of sustaining trade defense measures and forecasting any potential harm to local industries if these measures are revoked.

The investigation, commenced on September 30, 2023, involves the dispatch of inquiry questionnaires to manufacturers, exporters, and related stakeholders, officially issued on November 28, 2023.

Stakeholders are urged to present their perspectives on security interests related to the complaint within seven days of receiving the investigation questionnaire. Comments on the application, scope of investigated goods, and proposals for the Product Control Number (PCN) should be submitted within 15 days. Responses to the investigation inquiries and relevant information are expected within 30 days from the questionnaire's dispatch.

Conclusion:

The investigation signifies India's commitment to assessing the impact of trade defense measures on stainless steel welded pipes from Vietnam and China and encourages stakeholders' active participation in this review process.

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