The US Department of Commerce (US DOC) has issued affirmative preliminary findings in its antidumping investigation into imports of certain stainless pressure pipe from China.
The US DOC has determined that Chinese producers/exporters have sold the merchandise in question at 22.03 percent less than normal value. Winner Machinery Enterprise Co. Ltd received a preliminary rate of 22.03 percent. The same rate is also applied for all other Chinese exporters, including Zhejiang Jiuli Hi-Tech Metals Co., Ltd, which qualified for a separate rate.
As a result of the investigation, the US DOC will instruct US Customs and Border Protection to suspend liquidation of entries of subject goods and to collect a cash deposit or bond based on the preliminary rate.
The final determination is scheduled to be issued in January 2009.
The US DOC initiated the AD investigation into imports of stainless pipes from China based on a petition submitted by Bristol Metals, L.P (Tenn.), Felker Brothers Corporation (Wis.) Marcegaglia USA, Inc. (Pa.), Outokumpu Stainless Pipe, Inc. (Ill.), and the United Steelworkers of America (Pa.).