Posted on 08 Jul 2014
The United States on Monday confirmed import duties on
shipments of steel threaded rod from India after finding the goods were made
using unfair government subsidies and sold too cheaply in U.S. markets.
In its final ruling, the Department of Commerce said most
imports of the rod, which were valued at an estimated $19 million in 2013,
would face a dumping margin of 16.74 percent and a subsidy rate of 8.61
percent.
The rod is often used in commercial construction to support
electrical conduits, pipes for plumbing, ductwork and sprinkler systems and for
bolting together pipe joints in the waterworks industry.
The complaint was lodged by All America Threaded Products,
Bay Standard Manufacturing and Vulcan Threaded Products. The U.S. International
Trade Commission is due to make its final decision in the case by Aug. 17.
