U.S. anti-dumping case on China's largest preliminary ruling: rate close to 100%

U.S. anti-dumping case on China's largest preliminary ruling: rate close to 100%
["A single company is not aware of how many other enterprises, and if exported within a period of time should be reminded more volume, and now companies are basically not exported to the United States, it may be good no one would sell the market situation. "]

Sino-US trade friction, and failed to give U.S. President Barack Obama will visit China to remain "face" and have corpuscles, both the anti-dumping in the steel the hardest hit on the strength than that.

A week ago, the U.S. International Trade Commission recently voted 6-0 against China's anti-dumping anti-subsidy investigations seamless steel tube, a week later, the U.S. Department of Commerce on Chinese steel exports to another - have made oil well pipes anti-dumping duties of the preliminary ruling. November 6 announced the preliminary findings show that Chinese companies exported to the U.S. oil well pipes will be charged 36.53% ~ 99.14% of the initial anti-dumping duties ranging.

This is the U.S. Department of Commerce in September China's steel products export levy 10.69% ~ 30.69% of the countervailing duty levied on the basis of additional.

April 8, 2009, the United Steelworkers (usw) and seven steel producers to the U.S. Department of Commerce and U.S. International Trade Commission (itc) applied to the oil pipe to China a "dual" survey. Media, this is the United States launched the biggest value of the case of China's "dual" investigations, involved iron and steel enterprises including Tianjin Steel Pipe, Steel, Anshan Iron and steel enterprises in China such as more than 90.

U.S. survey shows U.S. companies in 2008 China imported 2.63 billion U.S. dollars from the oil well pipes, more imports increased in 2007 more than doubled, when 7.5 million. 2006 to 2008 imports of OCTG from China increased 203%.

According to the procedure, the U.S. International Trade Commission will be December 1, 2009 hearing, and in early January 2010 to award damages, and anti-dumping final ruling in the spring of 2010 (expected March 19, 2010) to make. However, the chief economist of Hunan Valin Iron & Steel Co., Ltd. Shenyang to Hong yesterday told cbn news, the U.S. Department of Commerce preliminary ruling made by the anti-dumping, they will notify the Customs to require exporters to pay tax in accordance with the appropriate cash deposit or bond, actually a tax in advance.

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