Jindal, Essar, Welspun file plea for anti-dumping duty on Chinese SAW pipes

Jindal, Essar, Welspun file plea for anti-dumping duty on Chinese SAW pipes

Jindal SAW, Essar Steel and Welspun Corp have petitioned the Directorate General of Anti-Dumping and Allied Duties (DGAD) to impose anti-dumping duty on imports of submerged arc welded (SAW) pipes from China, after local firms lost a number of tenders to Chinese suppliers.

“The domestic pipe industry is facing severe under-utilisation of capacity due to lack of orders from the domestic industry. India has a total of six million tonnes of pipe-making capacity, but the current capacity utilisation has fallen below 35 per cent and the companies are finding it difficult to stay afloat,” said Vinod Mehta, general secretary, Indian Pipe Manufacturers’ Association. Read more

Credits:business-standard.com

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