US to continue probe into stainless steel flanges from China, India

03/10/17

The US International Trade Commission said on Friday it voted to continue investigations into possible dumping and subsidisation of stainless steel flanges from China and India.

The Department of Commerce announced on 6 September preliminary phase antidumping and countervailing duty investigations into the products.

In 2016 imports of stainless steel flanges from China and India were valued at an estimated $16.3 million and $32.1 million, respectively, the department said.

The probe followed petitions by two privately held companies, Core Pipe Products Inc of Illinois and Maass Flange Corp of Texas.

They alleged dumping margins, or the discount to fair value, on products from China of 99.23% to 257.11% and from India of 78.49% to 145.25%. They also estimated that products from both countries were subsidized at undetermined rates, the Commerce Department said.

Source-livemint