Save
Print[Ferro-Alloy.Com] The U.S. Commerce Department set final tariff rates Tuesday on imports of steel pipe from India, Vietnam, Oman and the United Arab Emirates.
The department plans to levy antidumping duties on all four countries, determining that the imports of circular welded carbon-quality steel pipe from them are being sold in the U.S. below fair value.
In retaliation for alleged government subsidies, the department also plans countervailing measures against pipe from India, Oman and the U.A.E.
United States Steel Corp. (X) and several other U.S. steel producers had sought relief in the case, arguing that the pipes were being dumped and supported by unfair government subsidies. The other petitioners are Allied Tube and Conduit, JMC Steel Group and Wheatland Tube.
Before the duties can go into effect, the independent U.S. International Trade Commission has to decide whether U.S. producers are being harmed by the imports.
Imports of the pipes from India eased slightly last year, to $64.6 million from $64.9 million, but were up from $57.9 million in 2009. Imports from Vietnam nearly doubled in 2011 to $50.1 million from $27.5 million. Oman sales grew 16% to $28.1 million last year, while imports from the U.A.E. more than doubled to $53.9 million from $26.3 million in 2010.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:editor]
Daily News
Research
Magazine
Company Database
Customized Database
Conferences
Advertisement
Trade
Tell Us What You Think