Global Trade Alert

On August 10, 2012, the European Commission announced the initiation of an anti-dumping investigation on imports of stainless steel wires originating in India (Notice No 2012/C 240/07).
The products subject to investigation are classified under the following HS codes: 7223.0019 and 7223.0099.
The complaint was lodged on June 28, 2012 by the European Confederation of Iron and Steel Industries (Eurofer) on behalf of producers representing more than 50% of the EU production of the subject goods.

On May 3, 2013, the Commission decided to impose a provisional anti-dumping duty on imports of stainless steel wires originating in India (Commission Regulation (EU) No 418/2013). The rate of the duty ranges from 12.9% to 27.8% of the net free-at-Union-frontier price, depending on the company. This duty entered into force on the day following the publication of the regulation in the Official Journal of the European Union (L 126), i.e. on May 9, 2013, and is applicable for a period of 6 months.

On November 5, 2013, the European authorities decided to impose a definitive anti-dumping duty on imports of stainless steel wires originating in India (Council Implementing Regulation (EU) No 1106/2013). The rate of the duty ranges from 0.00% to 12.5% of the net free-at-Union-frontier price, depending on the company. This duty entered into force on the day following the publication of the regulation in the Official Journal of the European Union (L 298), i.e. on November 9, 2013.

On December 3, 2014, the European Commission announced the initiation of an absorption investigation concerning imports of stainless steel wires originating in India, to investigate whether the anti-dumping measures imposed on those goods have had an effect on export prices, resale prices or subsequent selling prices in the Union (Notice No 2014/C 433/05).
The complaint was lodged on October 21, 2014 by the European Confederation of Iron and Steel Industries (Eurofer) on behalf of producers representing more than 25% of the EU production of the subject goods.

On September 1st, 2015, the European Commission issued the conclusion of the absorption investigation (Commission Implementing Regulation (EU) No 2015/1483).
The rate of the duty still ranges from 0.00% (the company Macro Bars and Wires, Mumbai, Maharashtra is not subject to the measure) to 12.5% of the net free-at-Union-frontier price, depending on the company. The only modification is that the rate of the duty is increased from 8.6% to 9.4% of the net free-at-Union-frontier price for the following companies: Venus Wire Industries Pvt. Ltd, Mumbai, Maharashtra; Precision Metals, Mumbai, Maharashtra; Hindustan Inox Ltd, Mumbai, Maharashtra; and Sieves Manufacturer India Pvt. Ltd, Mumbai, Maharashtra.
This modification entered into force on the day following the publication of the regulation in the Official Journal of the European Union (L 228), i.e. on September 3rd, 2015.

On December 11th, 2015, the European Commission announced the initiation of a partial interim review of the anti-dumping duty imposed on imports of stainless steel wires originating in India (Notice No 2015/C 411/04).
This follows the requests lodged by the Venus group, an exporting producer group from India, and by Garg Inox Ltd., an Indian exporting producer.
The review is limited in scope to the examination of dumping as far as the applicants are concerned.
 
On 10 February 2017, the European Commission amended the definitive anti-dumping duties imposed by Implementing Regulation (EU) No 1106/2013, as amended by Implementing Regulation (EU) 2015/1483. The rate of duty is between 0% (the company Macro Bars and Wires, Mumbai, Maharashtra is not subject to the measure) and 16.2% depending on the company. The amendment follows the conclusion of the above partial interim review.

On 23 May 2017, the European Commission issued a corrigendum for the amendment of antidumping duties imposed in February 2017. The rate of duty is between none and 12.5% depending on the company.

On 3 October 2017, the European Commission issued a corrigendum for the amendment of antidumping duties imposed in February 2017. The rate of duty remains between none and 12.5% depending on the company. However, the duty is corrected for companies listed in the Annex of Regulation (EU) 2017/220 of 8 February 2017 from 8.4% to 5%.

On 9 November 2018, the European Commission terminated the definitive duty on imports of stainless steel wires from India. The duty was terminated as no application was received by the domestic industry and the duty thus expired.