U.S. Group Says Chinese Are Underselling Seamless Stainless Steel Pipe and Tube
08/07/2013 - The Stainless Steel Tube Trade Advancement Committee (SSTTAC) has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the U.S. market. The data confirms substantial underselling of U.S. producers by Chinese companies.
“Our research confirms that Chinese companies are underselling U.S. 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 U.S. market. U.S. trade laws and the rules of the World Trade Organization (WTO) provide remedies for unfair trade practices such as dumping and foreign government subsidization.”
The SSTTAC promotes domestic manufacturing of high quality seamless stainless steel tubing. To assure quality products in the marketplace, SSTTAC member companies produce tubing to industry and consumer specifications in accordance with guidelines and requirements of accreditation societies.
The Stainless Steel Tube Trade Advancement Committee is comprised of U.S. producers of seamless stainless steel pipe and tube. The SSTTAC website is www.ssttac.com. David A. Hartquist is Senior Partner in the International Trade and Customs practice group in the Washington, D.C. office of Kelley Drye & Warren LLP.
