US launches trade probes into China's boltless steel shelving

22/09/2014 12:00 - 522 Views

The US commerce department announced Tuesday that it initiated anti-dumping duty (AD) and countervailing duty (CVD) investigations against imports of boltless steel shelving from China.

Boltless steel shelving is used for storage purposes in homes, garages, offices, and commercial and industrial operations.

The investigations are in response to a request from Edsal Manufacturing Company, based in the state of Illinois. The company alleged that the products from China were sold below the fair market price in the US, with a dumping margin of 40%-211%, and Chinese producers and exporters also received improper government subsidies.

The International Trade Commission (ITC), the US trade authority, was scheduled to make its preliminary inquiry determinations on anti-dumping and countervailing duties around Oct. 10 this year.

The probes will continue if the ITC determines that the imports of the products from China materially injure or threaten the domestic industry in the United States. The commerce department will then make its preliminary determinations of countervailing duties in November 2014 and anti-dumping duties in February of next year.

Imports of these products from China were estimated to be worth US$2 billion last year, according to US data.

Source: wantchinatimes.com