US imposes anti-dumping tax on Vietnam’s steel pipe

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TheUS imposes anti-dumping tax on Vietnam’s steel pipe United States has levied duties on stainless steel pressure pipes imported from Malaysia, Thailand and Vietnam after finding the products had been sold at unfairly low prices.

Reuters reported that the US Department of Commerce decided to introduce duties as high as 167.1% for some products from Malaysia.

The pipe is used in pharmaceutical lines, petrochemical lines, brewery process and transport lines and general food processor lines.

US imports from the three countries totaled US$39.1 million in 2013.

The US International Trade Commission is due to make its final decision on whether the imports harmed local industry on July 6.

(VOV)

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