Latest News:  
Beijing   Sunny    30 / 16 ℃  City Forecast

Home>>China Business

US may slap duties on Chinese steel cylinders


13:21, May 02, 2012

The US Commerce Department said Tuesday that imports of high-pressure steel cylinders from China would face anti-dumping duties of up to 31.21 percent and countervailing duties of 15.81 percent.

The department will issue orders to levy the duties after an affirmative ruling by the US International Trade Commission (ITC), which is expected to make a final decision over the issue before June 11.

The US Commerce Department claimed these products were sold at less than fair value in the US market.

According to its investigation, Chinese producers and exporters had sold high-pressure steel cylinders in the United States at dumping margins ranging from 6.62 to 31.21 percent, and that they also received countervailing subsidies of 15.81 percent.

Last year, US manufacturer Norris Cylinder Company, the last remaining producer of high-pressure steel cylinders in the nation, asked for anti-dumping duties of up to 176.25 percent and additional countervailing duties on these products from China.

In 2011, US imports of steel cylinders from China were valued at an estimated $81.7 million.

This is the latest US trade protection move against China this year. As the US economy is undergoing a slow recovery, protectionism practices by the world's largest economy are on the rise.

The Chinese Ministry of Commerce has repeatedly urged Washington to abide by its commitment against protectionism and help maintain a free, open and just international trade environment.


Leave your comment0 comments

  1. Name


Selections for you

  1. Naval escort taskforce 171 makes port call, HK

  2. A visit to "the last Shangri-La"

  3. Traditional Tibetan Opera performance

  4. Cave workshop of traditional papermaking

Most Popular


  1. EU commissioner looks to increase investment
  2. Commodities trading a hurdle for global yuan use
  3. Relations reach new heights
  4. China opposes Philippine school in S. China Sea
  5. Top adviser's visit promotes friendship, cooperation
  6. Where does the world go from here?
  7. Panicky responses to shootings harm students
  8. ChiNext delisting policies ramp up risk for investors
  9. Motives behind Tokyo's claim to buy Diaoyu Islands
  10. Huangyan crisis hints long-term tensions

What's happening in China

Ancient wedding ceremony held in Xi'an

  1. Medicine firms slammed for using stars
  2. Fake capsule crackdown expanded
  3. Young migrant workers prefer Shanghai
  4. Taipei's Palace Museum to expand
  5. Sichuan storms strand thousands of passengers

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai