The US Department of Commerce (DOC) has announced its final determinations in the antidumping and countervailing duty investigations of light-walled rectangular (LWR) pipe and tube from China.
The DOC has calculated the following final weighted-average dumping margins for the Chinese producers and exporters:
Zhangjiagang Zhongyuan Pipe-Making Co., Ltd. (ZZPC): 264.64 percent
Kunshan Lets Win Steel Machinery Co., Ltd.: 249.12 percent
Wuxi Baishun Steel Pipe Co., Ltd.: 249.12 percent
Guangdong Walsall Steel Pipe Industrial Co., Ltd.: 49.12 percent
Wuxi Worldunion Trading Co., Ltd. (exporter)/Wuxi Hongcheng Bicycle Material Co., Ltd. (producer): 249.12 percent
Weifang East Steel Pipe Co., Ltd.: 249.12 percent
Jiangyin Jianye Metal Products Co., Ltd.: 249.12 percent
PRC-Wide Rate: 264.64 percent
The DOC also has made an affirmative final critical circumstances determination for the PRC-wide entity, but the DOC found that critical circumstances do not exist for Lets Win, ZZPC, or the separate-rate companies.
The DOC has also determined the following net subsidy (countervailing duty) rates for the Chinese producers and exporters:
Kunshan Lets Win Steel Machinery Co., Ltd.: 2.17 percent
Zhangjiagang Zhongyuan Pipe-Making Co., Ltd. and its affiliate, Jiangsu Qiyuan Group Co., Ltd.: 15.28 percent
Qingdao Xiangxing Steel Pipe Co., Ltd.: 200.58 percent
All Others: 15.28 percent
The US International Trade Commission is scheduled to vote in the final injury investigations of China, Korea, and Mexico on July 17, 2008.