01 June 2011 14:04 [Source: ICIS news]
An industry source explained the case was dropped as the investigation could not establish imports from the three countries caused injury to local producers.
Another source added: “The government did not go for provisional ADD after the preliminary investigation. This was the first indication that ADD would not go through.”
However, some players feel the news has had little impact on the market.
A third trader said such imports have been dwindling in the market and it does not see a huge impact on the existing market, “which is already [in] oversupply”.
Additional reporting by Malini Hariharan
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