The U.S. Department of Commerce has launched an anti-dumping and countervailing duty investigation on large-diameter welded pipe imports from Canada, China, Greece, India, Korea and Turkey.
The alleged dumping margins range from 16.18-20.39% for Korea to 120.84-132.63% for China. China, India, Korea and Turkey are being investigated for potential industry subsidization, Kallanish Energy’s sister publication, Kallanish Steel notes.
The case was initiated at the request of petitioners American Cast Iron Pipe, Berg Steel Pipe, Dura-Bond Industries, Skyline Steel and Stupp Corporation.
“With an 81% increase in trade cases initiated since President Trump took office, this administration has made it clear that we will vigorously administer anti-dumping and countervailing duty laws,” says Commerce Secretary Wilbur Ross. “When initiating a trade investigation, the Department of Commerce begins an open and transparent process that allows American companies and workers to gain relief from the market-distorting effects of injurious dumping and subsidization of imports.”
Preliminary results of the anti-dumping investigated are slated for release 29 June. The preliminary results of the countervailing duty case are scheduled for 16 April.
Alleged dumping margins: