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| TITLE |
US AD duties may divert OCTG sales to Middle East - Tianjin Pipe |
| WRITER |
administrator |
DATE |
2009-09-15 08:33:30 |
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US AD duties may divert OCTG sales to Middle East - Tianjin Pipe
14 Sep 2009
Bloomberg quoted Tianjin Pipe Group Corp as saying that Chinese exports to the Middle East and Africa may increase after the US imposed duties of as much as 31%.
Mr Li Liancang export manager at state owned Tianjin Pipe said “I’m worried we might face higher duties in the final ruling. We will expand our marketing in the Middle East and Africa as well as Central Asia.”
Mr Li said Tianjin Pipe exported more than 200,000 tonnes of steel pipes in 2008 with the products accounting for about half of output.
‘He said that “Chinese producers haven’t exported to the US since May because of the investigation. Tianjin is developing high end products for the European market.”
US Commerce Department in a preliminary decision last week imposed duties after finding the products were supported by unfair subsidies. China exported 1.99 million tonnes of oil steel pipes and tubes worth USD 2.6 billion to the US last year.
Resource from Bloomberg |
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