ITC to Continue Cases on Oil Country Tubular Goods from China
05/26/2009 - The U.S. ITC finds reasonable indication of threatened material injury due to imports of oil country tubular goods from China that are allegedly subsidized and sold in the U.S. at less than fair value, paving the way for the U.S. Department of Commerce to continue its countervailing duty and antidumping investigations on these products.
The United States International Trade Commission (ITC) has found reasonable indication that a U.S. industry is threatened with material injury due to imports of oil country tubular goods from China that are allegedly subsidized and sold in the United States at less than fair value. All six Commissioners made affirmative determinations on the basis of threat.
The Commission's affirmative determinations will prompt the U.S. Department of Commerce to continue to conduct its countervailing duty and antidumping investigations on imports of these products from China.
The investigations address oil country tubular goods (OCTG) — circular, hollow iron or steel products including oil well casing, and tubing that may or may not conform to American Petroleum Institute (API) or non-API specifications. The investigations include seamless and welded product that is finished and unfinished and with any type of end finish. The scope of the investigation excludes casing and tubing containing 10.5% more by weight of chromium, drill pipe, unattached couplings, and unattached thread protectors.
The U.S. Department of Commerce’s preliminary countervailing duty determination is due on or about July 2, 2009. Its preliminary antidumping determinations are due on or about September 15, 2009.
