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Earlier this week, U.S. Commerce Department announced that it has initiated anti-dumping and countervailing duty investigations on imports of Large Diameter Welded Pipe from Canada, Greece, China, India, Korea, and Turkey.
According to the department, These AD and CVD investigations were initiated based on petitions filed by American Cast Iron Pipe Company (Birmingham, AL), Berg Steel Pipe Corp. (Panama City, FL), Dura-Bond Industries (Steelton, PA), Skyline Steel (Parsippany, NJ), and Stupp Corporation (Baton Rouge, LA). The petitioners have alleged dumping margins of 50.89 percent for Canada, 41.04 percent for Greece, 120.84 to 132.63 percent for China, 37.94 percent for India, 16.18 to 20.39 percent for Korea, and 66.09 percent for Turkey.
The preliminary determinations will be announced before March 5th of 2018 and the final determination on 2nd July 2018.
According to Commerce department’s calculations, in 2016, imports of large diameter welded pipe from Canada, China, India, Greece, Korea, and Turkey were valued at an estimated $66 million, $139 million, $26 million, $70 million, $150.3 million, and $116.1 million, respectively.
A statement on Commerce department quoted Secretary Wilbur Ross saying, “With an 81 percent increase in trade cases initiated since President Trump took office, this Administration has made it clear that we will vigorously administer antidumping and countervailing duty laws……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.”
