Hi @tpatel
Thanks for the super useful information and case source…!!
We should keep a close tab of the developments here.
Overall I feel the industry has consolidated for last couple of years and if the recent trends are to sustain then there could be some recovery and then going forward if the judgement on duties is favourable then it all could finally play out…and Avanti has been a good performer even during the difficult phase of Industry.
Also, one thing that I want to bring to your notice…
My interpretation is that the subsidies that these countries are offering is more than 2% which is higher than the limit allowed by US for imports coming from developing nations…and the final CVD & ADD will be decided and levied based on the case proceedings.
Regards,
Yogansh Jeswani
Disclosure: Invested
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