DOC Initiates AD, CVD Probes of Steel Propane Cylinders From China, Taiwan, Thailand

by on
Style:
Category:
Anti-Dumping

The U.S. Department of Commerce. qingwa/Adobe Stock

The U.S. Department of Commerce last week announced it had launched a new anti-dumping probe with respect to steel propane cylinders from China, Taiwan and Thailand. The DOC also launched a countervailing duty probe of the steel propane cylinders from China.

Need buying strategies for steel? Try two free months of MetalMiner’s Outlook

The DOC calculated dumping margins of:

  • 55.41-108.60% for China
  • 27.19-66.20% for Taiwan
  • 47.67-122.48% for Thailand
“There are 18 alleged subsidy programs for China (two loan programs, three export credit/guarantee programs, five tax programs, three provision of goods for less than adequate remuneration programs, and five grant programs),” the DOC release covering the announcement states.
According to the DOC, the value of 2017 imports of the product from China, Taiwan, and Thailand were valued at an estimated $89.8 million, $10.1 million, and $14.1 million, respectively.
Petitions in the case were filed May 22 by Worthington Industries (of Columbus, Ohio) and Manchester Tank & Equipment Co. (of Franklin, Tennessee).

MetalMiner’s Annual Outlook provides 2018 buying strategies for carbon steel

Imports of the cylinders from the countries in question surged last year.

According to Census Bureau data included in the DOC fact sheet, imports from China in 2017 were up to 4,006,413 units from 2016’s 1,613,360 units. Imports from Taiwan and Thailand also increased significantly year over year.

The next step in the case is a preliminary ruling by the U.S. International Trade Commission, which is due to make a preliminary decision by July 6.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.