ITC Says China's Steel Sink Subsidies Hurt US Industry

Law360, New York (April 13, 2012, 7:06 PM EDT) -- The U.S. International Trade Commission said Friday it believed China's government was providing subsidies that allow Chinese manufacturers to sell drawn stainless steel sinks at below-market prices in the U.S. at the expense of American companies.

The commission issued a unanimous preliminary ruling that said underpriced Chinese sinks were hurting U.S. manufacturers and said the U.S. Department of Commerce will rule next month on whether to impose countervailing duties. The department will decide on antidumping duties in August.

Elkay Manufacturing Co. requested the probe into Chinese...
To view the full article, register now.