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U.S. Initiates Two Counter-measures on Pressure Management
The China Minmetals Chemicals Import and Export Chamber of Commerce announced yesterday (February 21) that the U.S. Department of Commerce officially launched an anti-dumping and countervailing duty investigation on February 20 against circular welded stainless steel pressure pipes exported from China to the United States. This marks the ninth double investigation in recent years targeting Chinese steel products.
The case was filed by five petitioners, including four U.S. manufacturing companies such as Bristol Metals and LP, as well as the U.S. Steel Workers Union, an industry group representing workers. They alleged dumping margins ranging from 8.36% to 12.7%. The product in question is a circular welded stainless steel pressure pipe with an outer diameter of no more than 14 centimeters, primarily produced in China.
According to the information, the U.S. International Trade Commission is scheduled to issue its preliminary determination on injury on March 17, 2008. If the commission finds injury, the U.S. Department of Commerce will proceed with further investigations, issuing a preliminary ruling on subsidies in April 2008 and a preliminary determination on dumping in July 2008.
In response, the China Minmetals Chemicals Import & Export Chamber of Commerce urged all affected companies to closely monitor the situation and actively respond to safeguard their legitimate rights and interests. The chamber emphasized the importance of preparing comprehensive documentation and engaging legal experts to ensure a strong defense during the investigation process.
This development highlights the ongoing trade tensions between the U.S. and China, particularly in the steel sector, where Chinese exports have increasingly come under scrutiny. Companies involved are advised to stay informed and take proactive steps to mitigate potential impacts on their business operations.
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