U.S. Producers Of Carbon Steel Complain About Imports
Two producers of carbon steel flanges, Weldbend Corp., of Argo, Ill., and Boltex Mfg. Co. of Houston, in June filed petitions with the U.S. Department of Commerce and U.S. International Trade Commision alleging unfairly priced and subsidized imports of carbon steel flanges from India, Spain and Italy are causing material injury to the domestic industry.
The petitions seek the enforcement and compliance of Indian, Spanish and Italian manufacturers with U.S. and international trade laws. Boltex and Weldbend allege unfairly traded imports of carbon steel flanges from India, Spain, and Italy are causing material injury to the American industry of carbon steel flanges, as these foreign producers are selling their products in the American market at prices that are less than their fair value and are thereby significantly undercutting American market prices.
The ITC generally initiates its investigations within days of filing a petition, while the DOC sometimes initiates its investigations within 20 days of filing of the domestic industry’s petition.