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    13,888.570
    -404.890
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  • OTRI.USA
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  • ITVI.USA
    13,888.570
    -404.890
    -2.8%
  • OTRI.USA
    22.100
    -0.490
    -2.2%
  • OTVI.USA
    13,862.590
    -418.870
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  • TLT.USA
    2.800
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  • TSTOPVRPM.ATLPHL
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  • TSTOPVRPM.CHIATL
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Commerce sets duties for welded steel pipe imports

The Commerce Department has set its final antidumping duties for imports of circular welded steel pipe from Oman, Pakistan, the United Arab Emirates and Vietnam.

   The Commerce Department on Monday announced its final antidumping duties for imports of circular welded steel pipe from Oman, Pakistan, the United Arab Emirates and Vietnam.
   In addition, the department has concluded its countervailing duty investigation for the same imports from Pakistan.
   Dumping occurs when a foreign company sells a product in the United States at less than fair market value, while a countervailable subsidy is financial assistance to a company from a foreign government that hinges on its export performance and use of domestic materials over imports.
   In the Pakistan antidumping investigation, Commerce said International Industries Ltd. received a dumping margin rate of 11.8 percent. All other producers/exporters of circular welded steel pipe in Pakistan received the same rate.
   From Commerce’s Oman investigation, Al Jazeera Steel Products Co. SAOG received a dumping margin rate of 7.24 percent, while other Omani producers/exporters of this product received the same rate.
   In its U.A.E. investigation, Ajmal Steel Tubes & Pipes Ind. and Universal Tube and Plastic Industries – Jebel Ali Branch, Universal Tube and Pipe Industries, KHK Scaffolding and Framework (collectively, Universal) – received dumping margins of 6.43 percent and 5.58 percent, respectively. Commerce calculated a final dumping margin for all other U.A.E. producers/exporters of 5.95 percent.
   In the Vietnam investigation, Commerce set a dumping margin rate of 6.27 percent for Vietnam Haiphong Hongyuan Machinery Manufactory Co., Ltd. Commerce determined that Hoa Phat Steel Pipe Co. also qualified for a dumping margin rate of 6.27 percent. In addition, the department found that SeAH Steel VINA Corp. had not sold circular welded carbon-quality steel pipe at less than fair value. Meanwhile, all other producers/exporters in Vietnam received the Vietnam-wide entity dumping margin rate of 113.18 percent.
   For its Pakistan countervailing duty investigation related to circular welded steel pipe, Commerce calculated a final subsidy rate of 64.81 percent for International Industries Ltd. All other exporters/producers in Pakistan have also been assigned a final subsidy rate of 64.81 percent.
   The U.S. International Trade Commission (ITC) is scheduled to make its final injury determinations in the investigations for Pakistan, Oman, the United Arab Emirates and Vietnam on Dec. 5. If the ITC makes affirmative final determinations that imports of circular welded carbon-quality steel pipe from Pakistan, Oman, the United Arab Emirates and/or Vietnam harm domestic industry, then Commerce will issue antidumping and countervailing duty orders. If the ITC makes negative determinations of injury, the investigations will be terminated.
   The petitioners for these investigations include Bull Moose Tube Co. of Chesterfield, Mo.; EXLTUBE in North Kansas City, Mo.; Wheatland Tube Co. of Chicago; and Western Tube & Conduit in Long Beach, Calif.
   According to Commerce, In 2014 imports of circular welded carbon-quality steel pipe from Pakistan, Oman, the United Arab Emirates and Vietnam were valued at $17 million, $33.1 million, $59.4 million, and $60.6 million, respectively.