India Flanges Squeezed Down Other Sales Pipes as America Implements Duties — Panjiva
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India Flanges Squeezed Down Other Sales Pipes as America Implements Duties

India 284 Materials - Metals/Mining 483 Metals - Steel 361 Tariffs 1172 U.S. 3306

The U.S. Commerce Department has determined that Indian exports of stainless steel flanges (used for pipelines) were dumped at rates of up to 145% and subsidized at 256%. The case has already deterred imports from India which fell 63% in the three months to June 30 on a year earlier and slumped to the lowest in more than a decade in July. Indian exporters meanwhile have moved onto other markets with shipments to Europe surging. In June shipments from India to Belgium rose 5x on a year earlier with Netherlands-bound volumes up 3x. That could lead to an EU review of imports in due course, ...

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