• Monday, August 15, 2022

Business

Six Countries Including India Dumped Welded Pipe into US Market: US Commerce Dept

By: Radhakrishna N S

According to preliminary investigations by the US Commerce Department, large diameter welded pipe from India, Canada, China, Greece, South Korea, and Turkey was being dumped into the US market. The department has also confirmed that the pipe which is used to build oil and gas pipelines was being sold at less than the market prices ranging from 3.45 per cent to 132.63 per cent. According to preliminary findings in June, 2018, the Commerce Department said, imports of the pipe from four of the countries including China, India, South Korea, and Turkey were being unfairly subsidized. It imposed preliminary duties that in the case…

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