BIZCHINA / Center
Trade body 'regrets' US charges on steel pipes
(Xinhua)
Updated: 2007-06-15 13:46
A Chinese trade body said on Thursday the US dumping and subsidy charges
filed against Chinese steel pipe products amounted to trade protectionism.
"We hope the US government will deliberate on the sensitive issue, and
deny the applications of the US steel pipe makers out of concerns for the
long-term development of the sectors in both countries," said China
Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters
in a statement.
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Five US makers of welded steel pipes and the United Steelworkers Union
last Thursday filed an application with the US Commerce Department to
impose anti-dumping duties of up to 88 percent and extra anti-subsidizing
charges on steel pipes from China, which they said are being sold at
unfairly low and subsidized prices.
The statement said charging both anti-dumping and countervailing duties
on products from the same country were against the laws and regulations
in US and the rules of the WTO, adding that they are "unfair and
discriminatory".
Earlier reports said 18 Chinese steel pipe producers have united to fight
the US charges, and have appointed John Larose from US law firm Vinson &
Elkins LLP's Beijing Office as attorney.
Chinese makers said they have conducted export business according to
market demand and exports to US were made upon demands. "There is no
dumping or subsidies."
The statement said trade penalties imposed by the US won't help solve the
trade frictions, and they are not good for the development of the US
steel sector and against the interests of the downstream steel sectors
and end users.
China's steel products exports surged by 132 percent year-on-year to 21.3
million tons from January to April this year. Exports of steel pipes
reached 2.77 million tons, up 120 percent.
(For more biz stories, please visit Industry Updates)
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