US sets 15.72 pct duty on drill pipe from China

U.S. has imposed a preliminary duty of 15.72 percent on more than $100 million dollars worth of steel drill pipe from China, the Commerce Department said.

US sets 15.72 pct duty on drill pipe from China

 

The United States has imposed a preliminary duty of 15.72 percent on more than $100 million dollars worth of steel drill pipe from China, the Commerce Department said on Tuesday.

"We're very, very pleased," said Roger Schagrin, an attorney for the United Steelworkers and a coalition of U.S. companies that asked for protection against subsidized competition from China.

Reuters

Last Mod: 08 Haziran 2010, 21:49
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