Reposted from Steel Business Briefing
August 22, 2012 | Steel Business Briefing
German seamless pipe exports to the US will continue to be subject to antidumping duties, following a five-year “sunset” review of the order on the product.
The US International Trade Commission (ITC) determined yesterday that existing duties should continue, as revoking the order would be likely to lead to the continuation or recurrence of material injury to the domestic industry.
The decision affirms that made earlier this month by the US Department of Commerce (DOC), which ruled that dumping of the product would be likely to continue or recur if duties were allowed to expire. Under US trade law, both the ITC and DOC automatically conduct separate sunset reviews of import orders to determine whether they should be revoked. The ITC has the final say in the matter.
Current AD margins on the German seamless carbon and alloy steel standard, line and pressure pipe range from 20.08% to 57.72%. The order has been in place since 1995.