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US lowers some duties in China steel pipe case

US lowers some duties in China steel pipe case

US lowers some duties in China steel pipe case. The U.S. Commerce Department cut some of its duties on Tuesday on steel pipe from China used to transport oil in a case that is part of the largest U.S. trade action against the country. The department said Chinese exporters of the pipe had received subsidies ranging from 10.36 percent to 15.78 percent, down from its preliminary determination in September, which had applied duties ranging from 10.9 percent to 30.69 percent. The case is one of a dozen domestic trade investigations against products from China, blamed by unions and companies for job losses in the U.S. manufacturing sector. The steel pipe case responds to a complaint from the United Steelworkers union, United States Steel Corp (X.N), Maverick Tube Corp, TMK IPSCO, Wheatland Tube Corp and Evraz Rocky Mountain Steel.

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Monday, November 23, 2009