USDC preliminarily decide to levy high anti-dumping tax on petroleum steel pipe from China

Published: 06 Nov 2009 01:10:26 PST

November 6 MetalBiz--On November 5, US Department of Commerce (USDC) made a preliminary decision to levy high anti-dumping tax on petroleum steel pipe from China, with the rate of 36.53%-99.14%.

Certainly, US steel mills showed welcome to it and they accused that US imported petroleum steel pipes from China of 1.99mln tons in 2008, valued U.S.$2.6bln, up more than two times from 2007. During the period of 2006-2008, the imported petroleum steel pipes from China increased 203%. Although it is just a preliminary decision of USDC, US Customs would impose cash deposit on steel pipes from China according to the tax rate. US International Trade Committee will make the final decision in March 2010.