USITC approves China steel pipe duties

08:59, May 05, 2010      

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The US International Trade Commission (ITC) Monday gave a green light to anti-dumping duties slapped on imports of steel pipes used in drilling for oil and gas from China.

The commission announced in a statement on its website its final injury judgment that certain steel pipes, which it called "oil country tubular goods," imported from China, are sold in the US at less than fair value, quenching hopes of a cancella-tion of anti-dumping duties set by the US Commerce Department.

"As a result of the USITC's affirmative determinations, Commerce will issue an an-tidumping duty order on imports of these products from China," the USITC said in the statement.

The US Commerce Department made a final judgment April 9 to impose anti-dumping duties ranging from 29.94 percent to 99.14 percent on imports of Chinese oil well pipes.

The US Commerce Department decided 37 Chinese exporters will get a final dumping rate of 29.94 percent, while all other Chinese firms have to accept the punitive duty rate of 99.14 percent.

The USITC said in the statement the value of oil country tubular goods from China totaled $2.8 billion in 2008.
The US Commerce Department also imposed final countervailing duties on Chinese-made oil well pipes ranging from 10.36 percent to 15.78 percent in November last year. The USITC gave no opposition to the final judgment in a ruling a month later.

Petitioners including the United States Steel Corporation filed the anti-dumping and countervailing case with the US Commerce Department in April 2009.

China's Ministry of Commerce (MOFCOM) has not released any remarks on the USITC's decision. Yao Jian, a MOFCOM spokesman, said in November that the US was implementing a series of discriminatory trade policies.

Source: Global Times

(Editor:黄蓓蓓)

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