Heavy US duty on steel pipes

The United States International Trade Commission (USITC) has approved an earlier decision to slap a heavy anti-dumping and anti-subsidy tariff on a steel product from China.

The USITC has determined that the US industry is "materially injured" by imports of circular welded carbon-quality steel pipes from China. The US commerce department had earlier claimed these products were subsidized and sold at a price lower than fair value.

Following the commission's ruling, the US commerce department will issue countervailing and anti-dumping duty orders on imports of this product, mainly used in heating and air-conditioning systems, from China.