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US ITC Keeps AD & CVD Order on Imports of Light-Walled Rectangular Pipe & Tube from China, Korea, Mexico & Turkey

Steel News - Published on Mon, 29 Jun 2020

Image Source: Light-Walled Rectangular Pipe Tube
The US International Trade Commission determined that revoking the existing antidumping and countervailing duty orders on imports of light-walled rectangular pipe and tube from China, Korea, Mexico, and Turkey would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the Commission’s affirmative determinations, the existing countervailing duty order on imports of this product from China, and the existing antidumping duty orders on imports of this product from China, Korea, Mexico, and Turkey, will remain in place.

This action comes under the five-year sunset review process required by the Uruguay Round Agreements Act. The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the USITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (USITC) within a reasonably foreseeable time.

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Posted By : Yogender Pancholi on Mon, 29 Jun 2020
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