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US slaps preliminary duties on stainless steel pipes from India

Add Time:2016-05-05 20:49:00 Clicks:
The US Commerce Department on Wednesday said it would slap preliminary duties on imports of welded stainless pressure pipe from India after finding the goods were being dumped in the U.S. market at below market prices.

The department said it found the products were being dumped at margins of up to 18.9 percent, and that it would tell US customs officials to collect a 16.9 percent cash deposit as the trade case moves forward.

It said would announce its final determination on or about Sept. 17.

The preliminary decision came in response to a complaint brought last year by Bristol Metals, a subsidiary of US steel products maker Synalloy Corp; Outokumpu Stainless Pipe, a subsidiary of Finnish firm Outokumpu and Felker Brothers Corp and Marcegaglia USA.
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