Global Geopolitical Series: U.S. Commerce Department announces final AD on stainless steel flanges from China

Yesterday, the U.S. Commerce Department announced final results of the Anti-dumping Duty (AD) investigation on imports of Stainless Steel Flanges from China. The investigation was initiated based on the petition filed by Coalition of American Flange Producers and its individual members: Core Pipe Products, Inc. (Carol Stream, IL) and Maass Flange Corporation (Houston, TX).

The department has found that exporters of stainless steel flanges from China have sold the product in the United States at 257.11 percent less than fair value. The Commerce Department has asked the United States’ Customs and Border Protection Agency (CBP) to collect cash deposits from importers based on these rates.

According to the department’s calculations, imports of stainless steel flanges from China were valued at an estimated $21.8 million, in 2017.

This is a part of the strategy of the Trump administration to reduce trade deficits, by curbing malpractices in trade.