STEEL NEWS

EU introduces temporary duties on cold-rolled stainless steel from India and Indonesia

As reported by Yieh.com, on April 30, the European Commission announced that a temporary anti-dumping duty would be applied to cold-rolled stainless steel flat products from India and Indonesia.

According to the announcement, the proposed duty for India's Jindal Stainless Limited and Jindal Stainless Hisar Limited was set at 13.4% and for Chromeni Steels Private Limited and all other Indian companies at 34.6%. Indonesia's IRNC rate was 19.9% ??and for Jindal Stainless Indonesia and all other Indonesian companies it was 20.20%.

The official announcement of temporary anti-dumping measures will be announced at the end of May, and the final measures will be announced at the end of October.