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US slaps new duties
Source: Xinhua |
September 29, 2010, Wednesday
|
Print Edition
Print Edition
THE United States Commerce Department announced on Monday that it had made final determination to slap anti-dumping duties on imported seamless refined copper pipe and tube from China and Mexico.
Chinese and Mexican producers and exporters will face 11.25 to 60.85 percent, and 24.89 to 31.43 percent duties, respectively.
In the China probe, Golden Dragon Precise Copper Tube Group Inc will receive a final calculated dumping rate of 11.25 percent. Zhejiang Hailiang Co Ltd, Hong Kong Hailiang Metal Trading Limited and Shanghai Hailiang Copper Co Ltd will receive a final calculated dumping rate of 60.85 percent, according to a statement.
Five exporters qualified for a separate dumping rate of 36.05 percent. All other Chinese exporters received the final China-wide dumping rate of 60.85 percent, according to the statement.
The US International Trade Commission was due to make its final determination in November.
"As a result of these final determinations, Commerce will instruct US Customs and Border Protection to collect a cash deposit or bond based on the final rates. If the ITC makes negative determinations, these investigations will be terminated," said the statement.
According to US government data, imports of seamless refined copper pipe and tube from China and Mexico were valued at about US$233 million and US$130.3 million in 2009, respectively.
Chinese and Mexican producers and exporters will face 11.25 to 60.85 percent, and 24.89 to 31.43 percent duties, respectively.
In the China probe, Golden Dragon Precise Copper Tube Group Inc will receive a final calculated dumping rate of 11.25 percent. Zhejiang Hailiang Co Ltd, Hong Kong Hailiang Metal Trading Limited and Shanghai Hailiang Copper Co Ltd will receive a final calculated dumping rate of 60.85 percent, according to a statement.
Five exporters qualified for a separate dumping rate of 36.05 percent. All other Chinese exporters received the final China-wide dumping rate of 60.85 percent, according to the statement.
The US International Trade Commission was due to make its final determination in November.
"As a result of these final determinations, Commerce will instruct US Customs and Border Protection to collect a cash deposit or bond based on the final rates. If the ITC makes negative determinations, these investigations will be terminated," said the statement.
According to US government data, imports of seamless refined copper pipe and tube from China and Mexico were valued at about US$233 million and US$130.3 million in 2009, respectively.
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