Overview
- ISSDA filed the petition at the end of June on behalf of domestic producers to investigate alleged dumping of stainless steel from China, Vietnam, Indonesia and South Korea.
- The Directorate General of Trade Remedies is expected to launch its formal investigation by October after its standard two- to three-month review period.
- India’s stainless steel imports reached 1.73 million tonnes in FY25, marking sustained growth in shipments from major exporters.
- Industry leaders warn that substandard dumped steel is undercutting local firms as global trade uncertainty intensifies.
- DGTR operates under the Commerce Ministry as the primary authority for administering anti-dumping, countervailing and safeguard measures.