CCCMC firmly opposes US DOC ruling on pipes
24/06/2008 12:00
The US Commerce Department has determined on
CCCMC claimed that the use of anti subsidy measures infringes US rules and the tradition of not adopting anti subsidy measures against non market economies which has been practiced since 1984.
The statement said the frequent requests for anti subsidy probes into Chinese exports made by US industries are not conducive to the normal development of the bilateral trade relations. It said US ruled that China distorted the domestic prices of hot-rolled sheet steel and subsidies were received by all pipe producers, ranging from state-owned to private makers.
CCCMC said it runs counter to the World Trade Organization Agreement on Subsidies and Countervailing Measures. It said that US Department of Commerce's false calculation of the subsidies and consequent double taxation, greatly hurt the interests of Chinese industry and is not acceptable to
CCCMC strongly urged the
Source: steelguru.com
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