Chinese Drill Pipes Face Dumping Margins Up To 430%

Law360, New York (August 6, 2010, 2:06 PM EDT) -- The U.S. Department of Commerce has determined that Chinese drill pipe makers are dumping their goods in the U.S. at margins of up to 429.29 percent, paving the way for new anti-dumping duties on the products.

The International Trade Administration announced the preliminary results of its anti-dumping investigation into drill pipes from China on Friday, assigning dumping rates between zero and 429.29 percent.

Mandatory respondent DP Master Manufacturing Co. Ltd., was given a preliminary dumping rate of 206 percent, while Baoshan Iron & Steel Co. Ltd....
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