The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on stainless steel bars from India for the period between February 1, 2020, and January 31, 2021.
Accordingly, the US DOC has determined that Indian producers’ sales of the subject goods were made below normal value during the period of review.
The DOC has determined weighted-average dumping margins of 3.76 percent for Laxcon Steels Limited and zero percent for Venus Wire Industries
According to the preliminary results, the antidumping duties were at 0.65 percent for Laxcon Steels Limited and zero percent for Venus Wire Industries
The final antidumping duties for the country are applicable from September 8.