Congressman Tim Ryan Announces Positive Trade Ruling for Vallourec and TMK IPSCO
Youngstown, Ohio – Congressman Tim Ryan announces positive trade ruling for Vallourec USA and TMK IPSCO. The U.S. International Trade Commission (ITC) voted 6-0 in the affirmative to maintain the existing antidumping (AD) and countervailing duty (CVD) orders on seamless carbon and alloy steel standard, line, and pressure pipe from China.
“I applaud Vallourec and TMK IPSCO’s on this positive trade ruling that will strengthen manufacturing here in our community and across the nation. This decision is proof that China is illegally taking advantage of our American workers—and gaining an unfair gain provided not by competition and higher productivity, but by government subsidies and currency manipulation. I am proud to continue standing up against China and any nation who tries to undermine American jobs,” said Congressman Ryan.
These carbon and alloy steel seamless line and pressure pipe products are made for the energy sector. The ITC’s action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. They determined that these imports would likely lead to continuation or recurrence of material injury within a foreseeable time.