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USITC orders Chinese companies to sell oil well pipes at unreasonably low prices

Source: Internet
Author: User
Keywords China China unreasonable well
Tags duty filed international trade media media reports
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May 4 Morning News, according to foreign media reports, the United States International Trade Commission ruled in Monday, Chinese companies to the United States at unreasonable low prices to sell $2.8 billion worth of oil wells, damage to U.S. companies.　　The US International Trade Commission said the ruling cleared the way for the U.S. Department of Commerce to levy a countervailing duty on China's oil pipelines after a year-long investigation into the claims filed by the North American Steelworkers union and companies, including U.S. Steel companies, Reuters reported. Other U.S. businesses that have jointly filed dumping claims include Maverick YouTube Corporation, V&m Star LP, v&m Tubular Corporation of America, Wheatland YouTube Corp., TMK Ipsco and pipemaking Rocky Kings Steelcompany.

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