U.S. Government Launches Investigation Into Forged Steel Fittings From India and Korea
Acting on petitions filed by Schagrin Associates, the U.S. International Trade Commission (ITC) and U.S. Department of Commerce have launched antidumping duty (AD) and countervailing duty (CVD) investigations of imports of forged steel fittings from India (AD and CVD) and Korea (AD only). The petitions were brought on behalf of Bonney Forge Corporation and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (USW).
In 2018, imports of forged steel fittings from India and Korea were valued at an estimated $92.6 million and $67.6 million, respectively. The petitions allege dumping margins of up to 293.40% for Indian imports and up to 198.38% for Korean imports.
The ITC is scheduled to make its preliminary injury determinations on or before December 9, 2019. If the ITC makes affirmative injury determinations, Commerce is scheduled to make its preliminary CVD determination with respect to India on January 16, 2020, and its preliminary AD determinations for both countries on March 31, 2020. These deadlines may be extended.
Schagrin Associates has over 35 years of experience representing clients in antidumping and countervailing duty proceedings. For more information, please visit our website at www.schagrinassociates.com.