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US steel producers make dumping claim - SEAISI

Steel News - Published on Sun, 26 May 2013

After welded steel pipes and steel wire garment hangers, now welded stainless pressure pipe from Viet Nam continue to face charges of dumping in the US.

The Viet Nam Competition Authority under the Ministry of Industry and Trade said that 3 US stainless pipe producers - Bristol Metals LP, Felker Brothers Corporation and Outokumpu Stainless Pipe Inc- have filed a trade petition with the US International Trade Commission and the US Commerce Department seeking to impose anti-dumping duties against welded stainless pressure pipe from Malaysia, Thailand and Viet Nam.

The filing said that in 2012, imports of steel pipe from Viet Nam amounted to 4,627 net tonnes, worth USD 16.3 million, and took 6.61% of US import market share.

According to Bristol Metals, the petition alleges dumping margins of 15% to 17% for Malaysia, 13% to 15% for Thailand, and 70% to 71% for Viet Nam.

Bristol Metals said that the ITC will hold a hearing on June 6 and make a preliminary determination by July 1st.

In the past 2 years, the domestic steel industry faced five anti-dumping lawsuits and two anti-subsidy ones from the US, Brazil, Thailand and Indonesia.

However, US ITC announced late last year that after investigation, it found welded carbon-quality steel pipes imported from Viet Nam caused neither injury nor losses to the US steel pipe industry.

Therefore, it said the US would not impose anti-dumping duties on them.

Mr Tran Tuan Nghiep director of Huu Lien Asia Corporation said that a defendant in last year\'s lawsuit against Viet Nam welded carbon-quality steel pipes, price competition in the steel market is fierce and if Vietnamese steel is subject to more and more anti-dumping and anti-subsidy tariffs, it could lose an important market.

Source - SEAISI

(www.steelguru.com)

Posted By : admin on Sun, 26 May 2013
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