EU Imposes AD Duties Against Indian Stainless Steel Wire

2013-05-20

With the dumping investigation started from 2012 on Indian stainless steel wire exports, the European Commission has received lots of information from sampling companies showing that during 2007 through 2011 the wire imports from India grew substantially by 50%. Eurofer also points out that the price of imported Indian stainless steel wire  is much lower than those imported from other countries, which has resulted in the material injury of many European companies. The measure comes into force on May 7 with the anti dumping rate up to 32.1%.