International Trade Daily™ provides rapid, reliable notification of the most significant developments affecting U.S. trade and international business policy, as well as the policies of major U.S....
By Brian Flood
Imports of cold-drawn mechanical tubing from China, Germany, India, Italy, South Korea, and Switzerland will be hit with anti-dumping duties, the International Trade Commission announced May 17.
The trade commission found that imports from the six countries are seriously hurting U.S. producers. As a result, the U.S. will impose anti-dumping duties on the imports, which could raise prices for users in the automotive, construction, agricultural, and oil and gas equipment sectors.
The decision is good news, however, for U.S. manufacturers ArcelorMittal Tubular Products, Michigan Seamless Tube LLC, PTC Alliance Corp., Webco Industries Inc., and Zekelman Industries Inc., which petitioned for the duties.
The Commerce Department previously found that these imports were sold in the U.S. at less than fair value. Commerce found that the imports were dumped at margins of up to 186.89 percent for the tubing from China, up to 209.06 percent for imports from Germany, up to 33.8 percent for imports from India, up to 68.95 percent for imports from Italy, up to 48 percent for imports from South Korea, and up to 30.48 percent for imports from Switzerland.
In light of the ITC ruling, the U.S. will now impose duties in line with these rates.
The U.S. imported about $152.6 million worth of this tubing from these six countries combined in 2016, according to Commerce.
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