As expected, the Commerce Department imposed penalties of up to 99% on some $2.7 billion worth of oil field pipe imports from China. It is one of the largest-ever dumping decisions against Chinese goods. Tianjin Pipe received a final dumping rate of 29.94%, as did 37 other Chinese respondents. All other Chinese exporters are subject to the final dumping rate of 99%. The U.S. International Trade Commission could still strike down the anti-dumping duties if it decides domestic producers have not been harmed by the lower-priced Chinese products. That vote is scheduled for May 10. The panel has already found injury in the countervailing duty portion of the case.
OCTG Antidumping Duties Imposed On China
May 1, 2010