Jindal Saw announced that since it is not currently exporting large diameter pipes to US, the levy of Anti Dumping Duty by US Department of Commerce on import of large diameter welded pipes from India would not have any direct impact on the company's business.
On 21 August 2018, US Department of Commerce has imposed Anti Dumping Duty on imports of Large Diameter Welded Pipes from Canada, China, Greece, Korea, Turkey and India. The Anti Dumping Duty in respect of import of Large Diameter Welded Pipes from India has been fixed at 50.55%.
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