U.S. International Trade Commission Approves Duties On Some Carbon Steel Tubes And Pipes
In a 4-2 vote last Wednesday, the U.S. International Trade Commission gave its final affirmative injury determination on imports of heavy-walled rectangular welded carbon steel pipes and tubes from South Korea, Mexico, and Turkey. Chairman Irving A. Williamson, Vice Chairman David S. Johanson, and Commissioners Dean A. Pinkert and Rhonda K. Schmidtlein voted for the finding while Commissioners Meredith M. Broadbent and F. Scott Kieff voted against it.
The ruling means that the U.S. Commerce Department will issue antidumping duty orders on imports of these products from Korea, Mexico, and Turkey, and a countervailing duty order on imports of these products from Turkey. As Politico’s “Morning Trade” explained, the duties range from just over two percent for imports from South Korea's Dong-A Steel Co. to more than 35 percent for imports from Turkey's MMZ Onur Boru Profil Uretim Sanayi Ve Tic. A.S. The duties on Turkish exporters to counter unfair subsidization will range from 15 percent to more than 23 percent.
Imports from South Korea were worth $50.5 million in 2014 while imports from Mexico totaled $53.7 million and those from Turkey totaled $41.9 million.