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U.S. investigations, stainless steel flanges imported from India

U.S. investigations, stainless steel flanges from India

The U.S. Commerce Department announced its findings in antidumping duty (AD) and countervailing duty (CVD) investigations of imports of stainless steel flanges from India.

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According to a Commerce Department release:

  • Indian exporters sold the stainless steel flanges in the United States at 19.16% to 145.25% below fair value.
  • India provided countervailable subsidies of 4.92% to 256.16% to its producers of the stainless steel flanges. 

The stainless steel flange imports were valued at approximately $44 million in 2017.

What’s next?

U.S. Customs Border Protection (CBP) will be instructed by Commerce to collect cash deposits equal to the applicable final weighted-average dumping rates, after the final affirmative AD determination is made. 

With regards to the CVD determination, the CBP will be instructed by Commerce to collect CVD cash deposits equal to the applicable subsidy rates, pending an affirmative injury determination by the U.S. International Trade Commission (ITC). The ITC will make its final determinations if the stainless steel flanges threaten to materially injury, or do materially injury the domestic industry, on or around 24 September 2018. 

For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner, Global Practice Leader
T: 312-665-1022
E: dzuvich@kpmg.com

Andy Siciliano
Partner, National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Robert Waldrop
Principal
T: 212-954-8117 
E: rwaldrop@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

John L. McLoughlin
Principal, East Coast Leader
T: 267-256-2614
E: jlmcloughlin@kpmg.com

Luis (Lou) Abad
Principal, WNT
T: 212-954-3094
E: labad@kpmg.com

Amie Ahanchian
Managing Director
T: 202-533-3247
E: aahanchian@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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