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More Anti-Dumping Duties

- 1/6/2010
The United States on Tuesday slapped additional duties of 43 to 289% on imports of more than $300 million worth of a steel product from China, the U.S. Commerce Department said.

The action against Chinese-made wire decking that the department said is being sold at unfairly low prices inaugurates what is likely to be another year of trade friction between the United States and its top import supplier.

The preliminary anti-dumping duties imposed on Tuesday are in addition to duties ranging from 2 to 438% announced by the Commerce Department in November to offset government subsidies given to Chinese wire decking producers.

Last week, the U.S. International Trade Commission approved duties ranging from 10 to 16% on some $2.74B worth of Chinese-made oil well tubing and casing in the biggest U.S. trade case against China.

The same day, the United Steelworkers union and four U.S. companies filed a new petition asking for duties of at least 109 to 274% on Chinese-made drill pipe. The United States imported some $200M worth of drill pipe from China in 2008. Wire decking is mainly used in industrial and commercial storage rack systems.

U.S. producers including AWP Industries Inc, ITC Manufacturing Inc, J&L Wire Cloth Inc, Nashville Wire Products Mfg Co Inc, and Wireway Husky Corporation asked for duties last year after imports from China surged to $317 million in 2008 from almost $213 million in 2006.

Read the full story at reuters.com.

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