ISSDA has applauded government?s decision to impose anti dumping duty (ADD) on hot rolled (HR) flat products of stainless steel Grade 304 with all its variants. The government has imposed anti dumping duty on all HR flat products of stainless steel of Grade 304 originating from China at $309/mt, Malaysia at $ 316/mt and Korea at $180/mt. ?It?s a welcome move and a necessary one to save the domestic industry which at the suffering end,? said NC Mathur, President, ISSDA. The Ministry of Finance notification dated June 5, 2015 acknowledges the findings of the Directorate General of Anti-Dumping (DGAD) that HR 304 grade stainless steel flat products were being dumped from China, Korea and Malaysia. DGAD has pointed in its findings that the domestic industry has suffered both material injury in volume and pricing as a result of dumping.