Indian Stainless Steel Bars Face Potential Duty Hikes
Published Date: 5/13/2026
Notice
Summary
The U.S. Department of Commerce checked if Indian stainless steel bars were sold unfairly cheap from Feb 2024 to Jan 2025. They found that most companies in the Venus Group did sell below normal prices, but Laxcon Steels did not. This means some import duties might change soon, affecting these companies and U.S. buyers starting May 13, 2026.
Analyzed Economic Effects
7 provisions identified: 1 benefits, 5 costs, 1 mixed.
Venus Group assigned 30.92% margin
Commerce preliminarily found that the Venus Group sold stainless steel bar from India at less than normal value for the period February 1, 2024 through January 31, 2025 and preliminarily assigned the Venus Group a 30.92 percent dumping margin. If this preliminary finding is sustained in the final results, importers of Venus Group merchandise may face antidumping duties at that rate and related cash deposit requirements when the final results are published.
Laxcon preliminarily found margin 0.00%
Commerce preliminarily determined that Laxcon Steels Private Limited and its listed affiliates had a 0.00 percent weighted-average dumping margin for February 1, 2024 through January 31, 2025. If this result is final, importers of Laxcon-origin stainless steel bar would not be assessed antidumping duties for entries covered by the review.
15.46% rate for non-examined Indian exporters
Commerce preliminarily assigned a 15.46 percent rate to the non-examined companies (Aamor Inox Limited; Bhansali Bright Bars Pvt. Ltd.; Chandan Steel Limited; Mangalam Alloys Limited; Welspun Specialty Solutions, Ltd.) for the February 1, 2024 through January 31, 2025 period. That 15.46% rate is the simple average of the 0.00% rate preliminarily calculated for Laxcon and the 30.92% rate preliminarily assigned to the Venus Group.
Cash deposit rules and de minimis threshold
When Commerce publishes the final results, it will set cash deposit rates for shipments of stainless steel bar from India for entries on or after the publication date. If a final rate is less than 0.50 percent (de minimis), the cash deposit rate will be zero; otherwise the company-specific or all-others rate applies. The all-others rate from the original investigation remains 12.45 percent for producers/exporters not covered by the review.
Assessment and liquidation rules for final results
Upon final results, Commerce will direct CBP to assess antidumping duties on appropriate entries: if a respondent's weighted-average dumping margin is above de minimis, an importer-specific assessment rate is calculated; if the margin or assessment rate is zero or de minimis, CBP will liquidate entries without regard to antidumping duties. These procedures apply to entries covered by this review.
Unreviewed entries liquidated at all-others rate
For entries produced by the Venus Group or Laxcon where the producer did not know the merchandise was destined for the United States, Commerce will instruct CBP to liquidate unreviewed entries at the all-others rate if no rate exists for intermediate company(ies) involved in the transaction.
Rescission for Ambica — assessment at prior cash deposit
Commerce rescinded the administrative review for Ambica Steel Limited because the review request was withdrawn. Commerce will instruct U.S. Customs and Border Protection to assess antidumping duties on Ambica entries at the cash deposit rate required at the time of entry during the period February 1, 2024 through January 31, 2025. Commerce intends to issue rescission instructions to CBP no earlier than 35 days after publication of this notice.
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