Turkish exporters: We are certain our exports do not harm US market

Friday, 09 October 2015 12:18:54 (GMT+3)   |   Istanbul
       

In the antidumping and countervailing duty investigations launched in 2014 against Turkish and South Korean welded line pipe imports, the US Department of Commerce decided to impose antidumping and countervailing duties on both countries. Commenting on the situation, Turkish Steel Exporters’ Association chairman Namık Ekinci has said that the US International Trade Commission (US ITC) is continuing with the investigation, adding that they expect the duties not to come into force after the US ITC’s decision. “If the US-based producers are really making losses, the reason is not import steel, but the technological condition of the plants, operational weakness and the lower oil prices. We are certain that the Turkish steel industry is not harming the US steel industry,” stressed Ekinci.
 
The antidumping duty rates calculated for Turkey range between 6.66 percent and 22.95 percent, while the countervailing duty rates range between 1.31 percent and 152.20 percent. If the US ITC finds that the domestic industry is not harmed by Turkish steel pipe imports, these duties will not come into force.
 


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