Imports of Stainless Pipe and Tube up Substantially in 2011
11/18/2011 - Imports of seamless stainless steel pipe and tube are up substantially in 2011 over the same period in 2010, according to the latest report from the Stainless Steel Tube Trade Advancement Committee.
Imports of seamless stainless steel pipe and tube are up substantially in 2011 over the same period in 2010, according to the latest report from the Stainless Steel Tube Trade Advancement Committee.
The group noted that through August 2011, total imports of small diameter seamless pipe and tubing are up by nearly 40%, led by substantial increases from Japan (up 350%) and China (up 56%).
"Members of the Stainless Steel Tube Trade Advancement Committee (SSTTAC) commented in late 2010 that an antidumping case filed in the European Union against China could result in a shifting of imports to the United States," said David A. Hartquist, counsel to SSTTAC.
“EU antidumping margins of up to 70% have apparently encouraged a shift in Chinese exports from the EU into the United States,” added Hartquist. “Our members believe that, as shown in the evidence of dumping presented to the European Commission, China is also dumping seamless stainless steel pipe and tube into the United States in violation of U.S. law and China's WTO commitments.
“We continue careful monitoring to determine whether such diversion is causing similar injury to U.S. producers,’ said Hartquist.
The Stainless Steel Tube Trade Advancement Committee comprises U.S. producers of seamless stainless steel pipe and tube. David A. Hartquist is Senior Partner and Chairman of the International Trade and Customs practice group in the Washington, D.C. office of Kelley Drye & Warren LLP.
SOURCE Stainless Steel Tube Trade Advancement Committee
