• ITVI.USA
    16,240.330
    -110.510
    -0.7%
  • OTLT.USA
    2.762
    0.031
    1.1%
  • OTRI.USA
    21.780
    0.120
    0.6%
  • OTVI.USA
    16,233.310
    -109.890
    -0.7%
  • TSTOPVRPM.ATLPHL
    3.520
    0.380
    12.1%
  • TSTOPVRPM.CHIATL
    2.960
    -0.660
    -18.2%
  • TSTOPVRPM.DALLAX
    1.610
    0.250
    18.4%
  • TSTOPVRPM.LAXDAL
    3.340
    -0.130
    -3.7%
  • TSTOPVRPM.PHLCHI
    2.100
    -0.250
    -10.6%
  • TSTOPVRPM.LAXSEA
    3.860
    -0.220
    -5.4%
  • WAIT.USA
    126.000
    -2.000
    -1.6%
  • ITVI.USA
    16,240.330
    -110.510
    -0.7%
  • OTLT.USA
    2.762
    0.031
    1.1%
  • OTRI.USA
    21.780
    0.120
    0.6%
  • OTVI.USA
    16,233.310
    -109.890
    -0.7%
  • TSTOPVRPM.ATLPHL
    3.520
    0.380
    12.1%
  • TSTOPVRPM.CHIATL
    2.960
    -0.660
    -18.2%
  • TSTOPVRPM.DALLAX
    1.610
    0.250
    18.4%
  • TSTOPVRPM.LAXDAL
    3.340
    -0.130
    -3.7%
  • TSTOPVRPM.PHLCHI
    2.100
    -0.250
    -10.6%
  • TSTOPVRPM.LAXSEA
    3.860
    -0.220
    -5.4%
  • WAIT.USA
    126.000
    -2.000
    -1.6%
American ShipperShippingTrade and Compliance

ITC dubs rectangular steel pipe imports from certain nations as harmful

The U.S. International Trade Commission said imports of heavy-walled rectangular welded carbon steel pipes and tubes from South Korea, Mexico and Turkey unfairly harm domestic producers.

   The U.S. International Trade Commission (ITC) said imports of heavy-walled rectangular welded carbon steel pipes and tubes from South Korea, Mexico and Turkey unfairly harm domestic producers, which the U.S. Commerce Department also determined are sold in the United States at less than fair value.
   In addition, Commerce determined these imports from Turkey are subsidized by the Turkish government.
   As a result of the ITC’s affirmative determinations, Commerce will issue antidumping duty orders on imports of these products from South Korea, Mexico and Turkey, and a countervailing duty order on imports of these products from Turkey.
   The petitioners for these investigations include Atlas Tube, a division of JMC Steel Group, and Independence Tube Corp. in Illinois; Bull Moose Tube Co. and EXLTUBE of Missouri; Hannibal Industries, Maruichi American Corp., Searing Industries and Vest in California; and Southland Tube of Alabama.
   According to Commerce, in 2014, imports of heavy-walled rectangular-welded carbon steel pipes and tubes from South Korea, Mexico and Turkey were valued at $50.5 million, $53.7 million and $41.9 million, respectively.
   The ITC’s report in regards to this investigation will be available by Sept. 27, 2016 on its website.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.

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