From: news.xinhuanet.com
November 06, 2009 13:40 Beijing Time
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    WASHINGTON, Nov. 5 (Xinhua) -- The U.S. Commerce Department on Thursday set preliminary anti-dumping duties on imports of Chinese-made oil pipes, the biggest U.S. trade action against China.

    MORE DUTIES ON CHINESE GOODS

    The Commerce Department said it "preliminarily determined that Chinese producers/exporters have sold OCTG (oil country tubular goods) in the United States at prices ranging from zero to 99.14 percent less than normal value."

    The OCTG are widely used in oil and gas drilling.

    As a result of this preliminary determination, a 36.53-percent levy will be imposed on the OCTG from 37 Chinese companies, while some other Chinese companies will receive a preliminary dumping rate of 99.14 percent.

    The tariffs go into effect immediately, but since the finding is preliminary, U.S. Customs and...

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