Illustrative image (Source: VNA) The information was recently released in the finalconclusion of the dumping investigation on the import of CWP from Oman, UnitedArab Emirates (UAE), Pakistan and Vietnam by the US International TradeCommittee (USITC).
USITC determined that CWP imported from Oman, UAE andPakistan had caused significant damage to the domestic CWP industry. Meanwhile,Vietnam and Pakistan will not be levied anti-dumping and countervailing duties,respectively, because their products satisfied the required conditions.
In accordance with the USITC's decision, the US Departmentof Commerce will not levy duties on Vietnamese and Pakistan products.
The DOC initiated the dumping investigation on December 17,2015, after DOC and ITC received petitions on anti-dumping and countervailingfrom Bull Moose Tube Company, EXLTUBE, Wheatland Tube and Western Tube &Conduit.
In a notice dated July 15, 2016, DOC defined the dumpingmargin rates for Vietnam Haiphong Hongyuan Machinery Manufactory Co Ltd and HoaPhat Steel Pipe Co at 2.32 percent.
The rate for SeAH Steel Vina Corporation remained unchangedat zero percent. Other steel pipe exporters will still face the nationwide rateof 113.18 percent, based on adverse reports.
According to the Vietnam Competition Authority, Vietnam'sCWP exports to the United States reached 60.6 million USD in 2014, the highestamong the four countries probed. – VNA
