"Lorem ipsum dolor sit amet,consectetuer adipiscing elit.Laoreet dolore magna aliquamerat volutpat ut wisi..."


India begins probe into stainless steel dumping [T

NEW DELHI: India has initiated an investigation into alleged dumping of a certain variety of stainless steel by China, Korea and Malaysia following a complaint by Jindal Stainless Ltd. 

The commerce ministry's designated authority, the directorate general of Anti-Dumping and Allied Duties (DGAD), has begun a probe into alleged dumping of "certain Hot-Rolled Flat Products of Stainless Steel 304 series". 

In a notification, the DGAD has said the applicant has provided sufficient evidence that the normal value of the product in these countries is significantly higher than the net export price.