WASHINGTON – The U.S. International Trade Commission on Friday issued a final ruling backing allegations that seamless steel pipes imported from Japan are hurting the U.S. industry.
The ruling paves the way for the U.S. Commerce Department to levy antidumping duties corresponding to the dumping margins it has set.
The margins were set at 107.80 percent for large-diameter seamless steel pipes imported from Nippon Steel Corp., Kawasaki Steel Corp. and Sumitomo Metal Industries Ltd., and 68.88 percent for all other Japanese makers.
They were also set at 106.07 percent for small-diameter seamless steel pipes imported from Nippon Steel, Kawasaki Steel and Sumitomo Metal Industries, and 70.43 percent from all other makers.
In June last year, the U.S. steel industry and the steel union jointly filed a petition on the product with the Commerce Department and ITC.
The Commerce Department issued a final ruling in April this year in support of the petitioners that the imports were sold in the U.S. at unfairly low prices.
The U.S. steel industry has lodged dumping complaints with the U.S. government against 10 categories of Japanese-made steel products.
Seamless steel pipe is the sixth product subject to antidumping duties. Washington has already imposed punitive duties on hot-rolled steel sheets, stainless steel sheets, stainless steel wire rods, steel plate products and structural steel beams.
The U.S. government dismissed charges against stainless steel round wire and cold-rolled steel, and the remaining two categories are under investigation.
Nippon Steel baffled
Nippon Steel Corp. on Saturday slammed Friday’s final ruling by the U.S. International Trade Commission that seamless steel pipes imported from Japan are hurting U.S. industry.
“We cannot understand the basis for the decision. It is quite regrettable,” the leading Japanese steelmaker said in a statement.
The company is exporting seamless steel pipes at the request of customers, Nippon Steel said, adding that the exports are not hurting the U.S. industry because such products are not manufactured by U.S. companies.
“We will analyze the process and consider necessary measures,” it said.