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US to launch anti-dumping investigation into China-made steel pipes
 

The US International Trade Commission passed the proposal to launch the anti-dumping and anti-subsidy investigation into China-imported seamless steel pipes Friday by a vote of 6:0 from the six committee members.

This decision was made one day after the US and China made the commitment not to impose protectionist measures on each other at the 20th China-US Joint Commission on Commerce and Trade (JCCT) Thursday.

Citing the figures from the US Department of Commerce, China's exported seamless steel pipes to US increased 132 percent and were valued about 382 million yuan from 2006 to 2008. According to a report from Reuters, the US wants to impose a nearly 100 percent duty on China-imported steel pipes.

This proposal was initiated by the US Steel Corporation, V&M Star LP, TMK IPSCO and the United Steelworkers (USW) in early October, and a 98.37-percent anti-dumping duty was requested in the petition.

China strongly opposes this proposal and has resorted to the World Trade Organization (WTO) to start a 60-day dispute resolution procedure.

Source£ºGlobal Times

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