China: more tariffs on US and EU pipes

China decided to increase anti-dumping duties on some types of seamless stainless steel tubes for high temperatures and pressures from the USA and the EU. The 13-14.1 percent duties that had come into force in 2014 were extended and increased exponentially, welcoming the request of local producers. “The applicable anti-dumping rate – reads the government document – is between 57.9% and 147.8%”.

As for the pipes coming from the EU, the duty is 60.8%, also for the Italian IBF spa, expressly mentioned in the provision and part of the Tubacex group. For Vallourec Germany and France, the measure will stop at 57.9%. In three figures, on the other hand, the duty that will now be imposed on the import of this type of tube from the United States: it will be 147.8% and 101% for Wyman-Gordon Forgings.