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U.S. steel producers win anti-dumping case against cheap imports

By Elvina Nawaguna, Reuters, Aug. 22, 2014

The U.S. International Trade Commission on Friday voted to impose anti-dumping duties against steel pipe imports from six countries, exempting two, handing a victory to domestic producers who had complained that the cheap imports were undercutting their prices.

Countries whose steel will be subject to duties will be India, South Korea, Taiwan, Turkey, Ukraine and Vietnam. The Philippines and Thailand will be exempt. Saudi Arabia was dropped from the earlier complaint.

The decision gives the U.S. Department of Commerce the green light to impose tariffs as high as 118 percent on tubular goods, and is expected to boost the domestic business.

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