CIT Approves Higher Duties On Chinese Steel Pipe

Law360, New York (December 14, 2009, 5:25 PM EST) -- The U.S. Court of International Trade has finalized an increase in countervailing duties against Chinese steelmaker Huludao, a victory for U.S. steel companies that argued the federal government set duties too low after misclassifying a state-owned Huludao supplier.

Judge Richard K. Eaton of the CIT on Friday approved a U.S. Department of Commerce remand determination, affirming the increase in countervailing duties against Huludao.

The court-approved determination, which applies to imports of circular welded carbon quality steel line pipe, reclassified a supplier of hot-rolled steel to Huludao...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.