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US pipemakers file trade case against Malaysia, Thailand, Vietnam
Three US pipe producers filed a trade petition last week seeking the imposition of anti-dumping duties against some varieties of welded stainless steel pressure pipe from Malaysia, Thailand and Vietnam.
Bristol Metals, Felker Brothers and Outokumpu Stainless Pipe filed the petition with the US Commerce Department and the International Trade Commission (ITC) on May 16. They want protection against imports of stainless pressure pipe in outside diameters of less than 14 inches.
The petitioners, which account for 60.3% of all US output of the product, argue that the material is being sold into the US market at “less than fair value”, materially injuring or threatening to injure the US industry.
“Because these are commodity products, this has had a negative impact on our sales volumes and forced us to decrease our selling prices, which lowered Bristol’s financial results, as demonstrated in recent earnings reports,” Kyle Pennington, president of Tennessee-based Bristol Metals, said.
In 2012, imports of the product from Malaysia were 5,926 net tons; from Thailand, 6,722 tons; and from Vietnam, 4,627 tons. All of these volumes were at discounted per-ton values to those seen in 2011, the filing said.
The petition alleges dumping margins of 15-17% for Malaysia, 13-15% for Thailand, and 70-71% for Vietnam, according to Bristol Metals, a subsidiary of South Carolina-based Synalloy.
The ITC will hold a hearing on the filing on June 6 and will make a preliminary determination before July 1, while the preliminary dumping determination from Commerce is due on December 12, Bristol Metals said.
The action marks the third steel-related trade case this year, after just one filing in 2012.
This report was first published by American Metal Market.
The petitioners, which account for 60.3% of all US output of the product, argue that the material is being sold into the US market at “less than fair value”, materially injuring or threatening to injure the US industry.
“Because these are commodity products, this has had a negative impact on our sales volumes and forced us to decrease our selling prices, which lowered Bristol’s financial results, as demonstrated in recent earnings reports,” Kyle Pennington, president of Tennessee-based Bristol Metals, said.
In 2012, imports of the product from Malaysia were 5,926 net tons; from Thailand, 6,722 tons; and from Vietnam, 4,627 tons. All of these volumes were at discounted per-ton values to those seen in 2011, the filing said.
The petition alleges dumping margins of 15-17% for Malaysia, 13-15% for Thailand, and 70-71% for Vietnam, according to Bristol Metals, a subsidiary of South Carolina-based Synalloy.
The ITC will hold a hearing on the filing on June 6 and will make a preliminary determination before July 1, while the preliminary dumping determination from Commerce is due on December 12, Bristol Metals said.
The action marks the third steel-related trade case this year, after just one filing in 2012.
This report was first published by American Metal Market.
