Commerce Given Go-Ahead For Duties On Chinese Pipe

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Commerce Given Go-Ahead For Duties On Chinese Pipe

Congress Daily – Chinese companies sold $2.8 billion worth of oil-drilling pipe at unfairly low prices in the United States, damaging U.S. firms, the U.S. International Trade Commission ruled on Monday.

The finding clears the way for the Commerce Department to impose anti-dumping duties after a one-year investigation of a petition by the United Steelworkers union and companies including U.S. Steel Corp., Reuters reported.

"A U.S. industry is materially injured or threatened with material injury by reason of imports of certain oil country tubular goods from China that Commerce has determined are sold in the United States at less than fair value," the commission ruled.

The ruling was praised by the Steelworkers union as well as by Sen. Sherrod Brown, D-Ohio.

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