The US Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of stainless steel flanges from India.
The Department of Commerce determined that exporters from India have sold stainless steel flanges in the United States at 19.16 to 145.25 percent less than fair value. Commerce also determined that India is providing countervailable subsidies to its producers of stainless steel flanges at rates ranging from 4.92 to 256.16 percent.
In 2017, imports of stainless steel flanges from India were valued at an estimated $44 million.
The US International Trade Commission (ITC) is currently scheduled to make its final injury determinations on September 24, 2018. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
Since the beginning of the Trump Administration, Commerce has initiated 120 new AD and CVD investigations, this is a 216 percent increase from the comparable period in the previous administration.
