U.S. locks in duties on certain Indian steel pipesStaff Writer | October 26, 2016
The U.S. International Trade Commission voted to lock in duties on imports of welded stainless pressure pipe from India as it affirmed the goods were harming the U.S. industry.
Trade To transport fluids at high temperatures
The pipe is used to transport fluids at high temperatures and pressures in the petrochemical, oil and gas and other industries.
The decision was in response to a complaint brought last year by Bristol Metals, a subsidiary of U.S. steel products maker Synalloy Corp ; Outokumpu Stainless Pipe, a subsidiary of Finland's Outokumpu ; Felker Brothers Corp; and Marcegaglia USA.
In 2015, imports of the products from India were valued at an estimated $33.1 million, according to the Commerce Department. ■