India’s Welspun not to be affected by import duty on standard pipe

Thursday, 29 March 2012 16:24:12 (GMT+3)   |  
       

India-based global pipe manufacturer Welspun Corporation has stated that it does not expect to be affected by the import duties recently imposed by the US Department of Commerce (US DOC) on certain circular welded carbon-quality steel pipe (standard pipe) from India.
 
As SteelOrbis previously reported, the US announced a preliminary import duty of nearly 286 percent for the imports of standard pipes from India to offset government subsidies. A final decision on duty rates is expected in August.
 
The import duty in question is applicable on non-API circular-welded standard pipes of 16" and below diameter. Welspun stated that the company is not exporting any product under this category to the US and thus the import duty shall have no impact on its Indian operations.
 
Additionally, Welspun announced that it is building an ERW plant with an annual capacity of 175,000 mt (6" to 20") and a coating plant in the US to service its clients in North America. The facilities are scheduled to be commissioned by March 2013.

Similar articles

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

US structural pipe and tube exports up 9.9 percent in February

22 Apr | Steel News

US rig count increases slightly while Canadian count plunges again

19 Apr | Steel News

US structural pipe and tube imports down 6.5 percent in February

19 Apr | Steel News

Local Chinese steel pipe prices fluctuate slightly or move sideways

19 Apr | Tube and Pipe

Turkey’s welded pipe exports up 26.3 percent in January-February

17 Apr | Steel News

Austria’s Benteler Steel/Tube to build HR seamless steel tubes threading facility in US

17 Apr | Steel News

Turkey’s Tosçelik to supply LD pipes to Rhine Water Pipeline project in Germany

16 Apr | Steel News

US domestic J55 ERW OCTG prices decline slightly

15 Apr | Tube and Pipe

US rig count declines slightly while Canadian count rises week-on-week

12 Apr | Steel News