US DoC finds dumping of imports of forged steel fittings from China and Italy
05/10/2018 12:00
US Department of Commerce announced the affirmative final determinations in the antidumping duty investigations of imports of forged steel fittings from China and Italy and countervailing duty investigation of imports of forged steel fittings from China. The Commerce Department determined that exporters from China and Italy have sold forged steel fittings in the United States at 8.00 to 142.72 percent and 49.43 to 80.20 percent less than fair value, respectively. Commerce also determined that China is providing countervailable subsidies to its producers of forged steel fittings at the final rate of 13.41 percent.
In 2017, imports of forged steel fittings from China and Italy were valued at an estimated USD 104.8 million and USD 43.9 million, respectively.
The petitioners are Bonney Forge Corporation (Mount Union, PA), and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (Pittsburgh, PA).
The US International Trade Commission is currently scheduled to make its final injury determinations on November 15, 2018. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
In 2017, imports of forged steel fittings from China and Italy were valued at an estimated USD 104.8 million and USD 43.9 million, respectively.
The petitioners are Bonney Forge Corporation (Mount Union, PA), and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (Pittsburgh, PA).
The US International Trade Commission is currently scheduled to make its final injury determinations on November 15, 2018. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
October 5, 2018
Source: Steel Guru
Source: Steel Guru
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