ITC Makes Sunset Determination on Bearings and
The U.S. International Trade Commission (ITC) today announced its determinations in two sunset reviews:
Bearings
The ITC determined that revoking the existing orders on tapered roller bearings from China and ball bearings from France, Germany, Italy, Japan, and the United Kingdom would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time, but that revoking the existing orders on spherical plain bearings from France and ball bearings from Singapore would not. As a result, the existing antidumping orders on imports of tapered roller bearings from China and ball bearings from France, Germany, Italy, Japan and the United Kingdom will remain in place. The existing antidumping orders on imports of spherical plain bearings from France and ball bearings from Singapore will be revoked.
Welded Stainless Steel Pipe
The ITC also found that revoking the existing antidumping duty orders on certain welded stainless steel pipe from Korea and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result, the existing antidumping orders on imports of certain welded stainless steel pipe from Korea and Taiwan will remain in place.
In other antidumping news, a Standard & Poor's reports that "the rapid expansion of China's steel capacity and output along with comparatively higher selling prices overseas are encouraging China's steelmakers to increase exports, especially to the U.S." Of course, "any attempt by China to swamp the US market with surplus steel would be met with demands for protectionist measures and the filing of antidumping suits."
Labels: Antidumping
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