New Antidumping and Countervailing Duty Petitions on Stainless Steel Flanges from China and India
The Coalition of American Flange Producers and its individual members, Core Pipe Products, Inc. and Maass Flange Corporation, on August 16, 2017, filed antidumping (AD) and countervailing duty (CVD) petitions on stainless steel flanges from China and India.
The U.S. AD law imposes special tariffs to counteract imports that are sold in the United States at less than “normal value.” The U.S. CVD law imposes special tariffs to counteract imports that are sold in the United States with the benefit of foreign government subsidies. For AD/CVD duties to be imposed, the U.S. government must determine not only that dumping and/or subsidies are occurring, but also that there is “material injury” (or threat thereof) by reason of the dumped and/or subsidized imports. Importers are liable for any potential AD/CVD duties imposed. In addition, these investigations could impact purchasers by increasing prices and/or decreasing supply of stainless steel flanges
