April 14, 2021, 7:57

US to Impose Anti-Dumping Duties on Welded Pipe Imports From China, Turkey

US to Impose Anti-Dumping Duties on Welded Pipe Imports From China, Turkey

WASHINGTON (Sputnik) – US customs agents will begin collecting preliminary antidumping duties on welded steel pipe imports from China, Canada, Turkey and three other countries, the Commerce Department said in a press release.

“Today, the US Department of Commerce announced the affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of large diameter welded pipe from Canada, China, Greece, India, [South] Korea, and Turkey,” the release said on Tuesday.

The Commerce Department will instruct US border agents to collect cash deposits from importers of the product to offset unfair below market prices. Welded pipe from China may get hit with preliminary fees of more than 130 percent, almost 25 percent for Canadian pipes, and 3 to 5 percent on product from Turkey, the release said.

In 2017, imports of large diameter welded pipe from Canada, China, Greece, India, South Korea and Turkey were valued at an estimated $179.9 million, $29.2 million, $10.7 million, $294.7 million, $150.9 million, and $57.3 million respectively, the Commerce Department said.

READ MORE: US Commerce Dept Calls for Anti-Dumping Duties on Steel Flanges From India

Final determinations will be announced on November 6 for China and India and January 3 for Canada, Greece, Korea, and Turkey, the release said. If Commerce makes affirmative final determinations of dumping and the US International Trade Commission (ITC) makes affirmative final injury determinations, Commerce will then issue antidumping duty (AD) orders.

Source: sputniknews.com

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