The Stainless Steel Tube Trade Advancement Committee (SSTTAC) said Wednesday that it has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the US market and the data confirms substantial underselling of US producers by Chinese companies.
"Our research confirms that Chinese companies are underselling US producers by margins as high as 65 percent," said David A. Hartquist, counsel to the SSTTAC. "This and other information indicates that certain Chinese producers may be dumping their products in the US market. US trade laws and the rules of the World Trade Organization (WTO) provide remedies for unfair trade practices such as dumping and foreign government subsidization."