U.S. slaps preliminary countervailing duties on some Turkish steel pipe
22/12/2015 16:31
NEW YORK, Dec 22 (Reuters) - U.S. regulators have agreed to
slap countervailing duties of up to 7.69 percent on heavy-walled
rectangular welded carbon steel pipes and tubes from Turkey,
according to a preliminary ruling announced on Tuesday.
The U.S. Commerce Department calculated a preliminary
subsidy rate of 7.69 percent on MMZ Onur Boru Profil uretim San
Ve Tic. A.S. and 1.35 percent for Ozdemir Boru Profil San ve
Tic. Ltd Sti, it said.
All other producers and exporters in Turkey will be assigned
a rate of 4.39 percent.
A final Commerce ruling will be made on or around May 2,
with the U.S. International Trade Commission making a final
decision on June 16.
The news comes after regulators found reasonable evidence
U.S. producers of steel pipes and tubes have been injured by
imports from South Korea, Mexico, and Turkey. urn:newsml:reuters.com:*:nL1N1191ZD
The complaint was lodged on behalf of Atlas Tube, a division
of JMC Steel Group JMCSG.UL ; Bull Moose Tube Company; EXLTUBE;
Hannibal Industries, Inc; Independence Tube Corporation;
Maruichi American Corporation, a subsidiary of Maruichi Steel
Tube Ltd 5463.T ; Searing Industries; Southland Tube and Vest
Inc.
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The Commerce Department statement http://1.usa.gov/1mfFUB1
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(Reporting by Josephine Mason; Editing by Bernadette Baum)
((Josephine.Mason@thomsonreuters.com; +1 646 223 8925; Reuters
Messaging: josephine.mason.reuters.com@reuters.net))
Keywords: USA TRADE/STEEL