Trade Resources Industry Views 0% Margin Will Apply Retroactively to The Period of Review

0% Margin Will Apply Retroactively to The Period of Review

Shipments of welded austenitic stainless pressure pipe from one group of Chinese companies to the US will no longer be subject to antidumping duties, Steel Business Briefing learns. In an annual administrative review, the US Department of Commerce's International Trade Administration (ITA) reviewed the shipments of China's Zhejiang Jiulu Hi-Tech Metals Co and Huzhou Jiuli Welded Stainless Steel Pipe Co for the period September 5, 2008 through February 28, 2010. The two Chinese companies were found to be affiliated, so they were grouped together for the review. The ITA determined that the companies did not make sales below normal value in the investigated time period and set the AD duty rate at 0.01% de minimis. Previously, the companies had been subject to a 10.53% duty. The new 0% margin will apply retroactively to the period of review and imports from the companies will no longer be subject to the AD duty going forward - unless the ITA revises the duty in a future administrative review, SBB notes. Interested US parties involved in this case were Bristol Metals, Felker Brothers Corp, Marcegaglia USA and Outokumpu Stainless Products. Source:steelbb.com

Source: http://www.steelbb.com/?PageID=157&article_id=95498
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US lowers duty on Chinese stainless pipe group to 0%
Topics: Construction