The U.S. International Trade Commission (ITC) in June imposed
hefty countervailing duties ranging from around 30% to more than 600% on
Chinese exports of standard and structural steel pipe. The ITC decision marks
the first time that a CVD, or anti-subsidy order, has been imposed on a steel
product from China, and the first time that a CVD case on China has resulted in
a CVD since the Commerce Dept. (DOC) began to initiate CVD investigations of
Chinese imports in October 2006.
The product covered by these investigations is circular welded carbon-quality
steel pipe with an outside diameter of between 0.372 and 16 inches. Chinese
exports to the U.S. skyrocketed from 10,000 tons in 2002 to 750,000 tons in
2007 - a 6,900% increase. Approximately
25% of the total workforce employed in this segment of the domestic pipe
industry have lost their jobs since 2002, when the import surge
began.
The trade action was filed in June 2007 on parallel tracks before the ITC and
the DOC by the Ad Hoc Coalition for Fair Pipe Imports From China, along with
the United Steelworkers union. The Ad Hoc Coalition includes Allied Tube &
Conduit, IPSCO Tubulars, Northwest Pipe Co., Sharon Tube Co., Western Tube
& Conduit and Wheatland Tube.
Barry Zekelman, president and CEO of John Maneely Co. (parent company of Wheatland
Tube and Sharon Tube), said, “The Department of Commerce decision confirms what
we have been experiencing in the marketplace as a result of Chinese unfair
trade practices. Large government
subsidies have allowed Chinese producers to dump in our market. This resulted in reduced profitability and
forced us to shut down capacity and lay off workers.”
While the steel makers applauded the ITC decision, many PVF distributors
bemoaned that it would severely stoke inflation in steel pipe prices in months
to come. “This is huge,” remarked one member of the Industrial Piping Council
at a meeting of the group in Chicago during late June.
For more information on this check the U.S. International Trade Commission Web
site atwww.usitc.gov.
Landmark ITC Ruling Imposes Hefty Duties On Chinese Pipe
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