The European Commission (EC) has announced that it has started an antidumping (AD) investigation for stainless steel wire imports from India upon a complaint received from the European Steel Association (EUROFER).
The EC stated that the complainant has provided evidence that imports of the product in question from the abovementioned country have increased overall in absolute terms and in terms of market share.
The investigation is expected to be completed within 15 months starting from the publication of the notice in the Official Journal of the European Union.
The products subject to investigation currently fall within CN codes 7223 00 19 and 7223 00 99.