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NewsMarket SectorsPlumbingIndustrial PVFPHCP and PVF Company News

Charlotte Pipe and Foundry wins trade case against Chinese cast iron pipe producers

C
March 20, 2019

The International Trade Commission voted unanimously in favor of Charlotte Pipe and Foundry and the Cast Iron Soil Pipe Institute (CISPI) in their antidumping duty (AD) and countervailing duty (CVD) petition against imports of cast iron soil pipe from the People’s Republic of China.

Charlotte Pipe and CISPI filed the initial AD/CVD case with the ITC on Jan. 26, 2018.

As part of the investigation, the U.S. Department of Commerce determined that Chinese exporters had undersold and subsidized cast iron soil pipe in the United States in a range of 251% to 345% less than fair value.

The AD/CVD duties or penalties to counteract these unfair trade practices will go into effect immediately.

“We are thrilled with winning this case so that we can protect American jobs against unfair trade practices,” said Roddey Dowd, Jr., CEO of Charlotte Pipe and Foundry. “We finally have a presidential administration in Washington that is serious about enforcing existing U.S. trade law. For my entire career at Charlotte Pipe, we have had presidents of both parties ignore the brazen cheating from the Chinese. Those days are over.”

In addition to the pipe case, Charlotte Pipe and CISPI filed a similar AD/CVD case against Chinese producers of cast iron fittings in 2017.  In that investigation, the U.S. Department of Commerce determined that Chinese exporters had undersold and subsidized cast iron fittings in the United States in a range of 41% to 494% less than fair value.

The AD/CVD duties to counteract these unfair trade practices have been in effect since August 2018.

Charlotte Pipe and Foundry is headquartered in Charlotte, North Carolina, and has seven plant locations across the United State, employing more than 1,400 associates. Charlotte Pipe and Foundry has been in continuous operation for 117 years and remains privately held.

This article was originally posted on www.pmengineer.com.
Source: Charlotte Pipe and Foundry
KEYWORDS: pipes

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