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  • Business
    AISSIA against on anti-dumping duty on stainless steel

    Mumbai (PTI): All India Stainless Steel Industries Association (AISSIA) has urged the Government not to impose the proposed additional 20 per cent anti-dumping duty on any cold roll stainless steel.

    "We urge the Government not to impose the proposed additional 20 per cent anti-dumping duty on any cold roll stainless steel," the Association said in a statement in Mumbai on Sunday.

    The proposed duty would adversely affect 5,000 stainless steel utensil and cutlery units across the country, the statement said.

    Most of these units are based in Maharashtra, Gujarat, Delhi, Haryana and Rajasthan and employ some 3 lakh workers.

    AISSIA is an apex body of stainless steel utensils and cutlery manufacturers and process plant machinery manufacturers in the country.

    "Currently more than 5,000 small-scale manufacturing units of stainless steel utensils, cutlery, knives and other household products, employing more than three lakh workers are dependent on this industry. These units are exporting material worth Rs 1800 crore, Association's President, Badri Baldawa, said in the statement.

    The Associationhas has also asked the Government to immediately call off the anti-dumping probe on stainless steel products, the statement said.

    "The Domestic producers of stainless steel including Jindals, do not make width of 1250-mm and higher, which are needed in some cases of specialised applications for fabrication jobs of hotel and catering equipment. This necessitates our members to import stainless steel as per customers' demand," the statement said.


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