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USITC Rejects Antidumping Duties on Japan Stainless Steel Pipes
Washington -- The U.S. International Trade Commission (USITC) has rejected imposing antidumping duties on imports of stainless steel pipes, tubes and other hollow products from Japan. In a 4-2 vote August 17, the commissioners made a final determination that the imports did not injure U.S. industry. Imposition of antidumping duties requires affirmative final determinations both from the U.S. Department of Commerce on dumping and from the USITC on injury. The Commerce Department made its final determination in July, finding that dumping did occur and calculating dumping margins up to 156 percent. U.S. imports of these products from Japan in 1999 amounted to less than $63 million. Dumping is the export of goods below the price in the home country or third country or below the cost of production. The dumping margin is the ratio of the fair-value price and the dumped price.
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