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MOC opposes ITC's ruling on Chinese oil well pipes
07/01/2010 12:00
Jan. 5, 2010 (China Knowledge) - China's Ministry of Commerce expressed strong opposition to the U.S. International Trade Commission's vote in favor of duties on steel pipe imported from China.
A MOC official said that the move was discriminatory. The lower demand for U.S.-made steel pipe resulted from the global economic slowdown, and imports from China did not and will not harm U.S. steel pipe manufacturers, he added.
ITC's ruling on Dec. 31 imposes tariffs between 10.36% and 15.78% on Chinese oil well pipes.
In November, the U.S. Department of Commerce set preliminary anti-dumping tariffs ranging from 36.53% to 99.14% on Chinese oil well pipes.
Customs data show that China exported nearly 4 million tons of oil well pipes in the first ten months of last year, nearly 50% less than in the same period of last year, according to an earlier report from China Knowledge.
A MOC official said that the move was discriminatory. The lower demand for U.S.-made steel pipe resulted from the global economic slowdown, and imports from China did not and will not harm U.S. steel pipe manufacturers, he added.
ITC's ruling on Dec. 31 imposes tariffs between 10.36% and 15.78% on Chinese oil well pipes.
In November, the U.S. Department of Commerce set preliminary anti-dumping tariffs ranging from 36.53% to 99.14% on Chinese oil well pipes.
Customs data show that China exported nearly 4 million tons of oil well pipes in the first ten months of last year, nearly 50% less than in the same period of last year, according to an earlier report from China Knowledge.
January 05, 2010
Source: www.chinaknowledge.com
Source: www.chinaknowledge.com
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