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U.S. finalises duties on certain steel pipe from China, India

Reuters  |  WASHINGTON 

(Reuters) - The on Thursday said it had determined that American producers were being harmed by imports of certain large-diameter welded steel from and India, a finding that locks in duties on those products for five years.

Last month, the Commerce Department said the imports were being unfairly subsidized and dumped in the U.S. market, and it announced duties to protect domestic producers.

The ITC's final determination that U.S. producers are being harmed ensure those duties will remain in place.

The U.S. trade probe, which covered welded carbon and alloy line and with a diameter larger than 16 inches, began after a petition from a group of privately held U.S. producers.

In 2017, large-diameter welded imported from and were valued at an estimated $29.2 million and $294.7 million, respectively.

The ITC, in its statement, said it did not find that imports of from and created the same harm.

(Reporting by David Lawder, and Susan Heavey; Editing by and Susan Thomas)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 07 2018. 03:01 IST