USITC claims Taiwan, others are in violation of anti-dumping rules
CNAWASHINGTON--The United States International Trade Commission (USITC) has issued in a preliminary ruling, saying steel pipe makers from Taiwan and eight other countries had violated the anti-dumping rules by selling their products at unfairly low prices in the U.S. market.
August 18, 2013, 12:14 am TWN
In a statement released by the USITC Friday, the commission said such unfair conduct made by producers of oil country tubular goods (OCTG), used by oil and natural gas producers, from Taiwan and the other eight countries has materially harmed the U.S. industry.
The eight other countries are South Korea, India, the Philippines, Saudi Arabia, Thailand, Turkey, Ukraine, and Vietnam.
According to the USITC, five Taiwanese steel makers were alleged to have been involved in the anti-dumping case, including Chung Hung Steel Corp., Tension Steel Industries Co. and Kao Hsing Chang Iron & Steel Co.
Based on the ITC's initial ruling, the U.S. Department of Commerce (DOC) will continue its own investigations and is scheduled to issue a preliminary decision by Dec. 9 to determine anti-dumping tariffs against the OCTG exporters from the nine countries. A final decision on the duties by the DOC is expected in 2014.
On July 2, U.S. steel manufacturers filed a complaint with the DOC, accusing their counterparts in the nine countries for dumping OCTG in the U.S. market. In addition, U.S. steel makers have also accused India and Turkey of violating anti-subsidy rules.
The U.S. steel industry has asked the department to impose anti-dumping tariffs between 68.44 percent and 70.98 percent on the alleged Taiwanese exporters.
According to the DOC, Taiwan's OCTG exports to the U.S. totaled US$89.81 million in 2012, up from US$43.16 million in 2010, and US$80.75 million in 2011.
OCTG exports to the U.S. market from the nine countries reached nearly US$1.8 billion in 2012, more than double the total in 2010.
Before the USITC ruling, representatives from the five alleged Taiwanese companies defended the companies in a hearing held by the commission in late July, saying Taiwan's exporters are unlikely to harm U.S. suppliers as the volume of OCTG exports from Taiwan to the U.S. has been limited.