A little good news. The United States put a reliminary anti-dumping duties of up to 145.18% on steel grating and also put a 10-16% anti-dumping duty on Chinese steel pipe.
Recall the Bush administration didn't lift a damn finger on China's dumping practices.
The United States imported about $91 million worth of the product from China in 2008. Steel grating is used in industrial floors, docks, ramps, drainage covers, staircases and other applications.
The trade case is one of about a dozen brought by U.S. companies in 2009 against Chinese-made goods that they said have benefited from government subsidies or are being sold in the United States at less than fair value.
The Commerce Department said it set a preliminary anti-dumping duty of 14.36 percent on four Chinese producers or exporters in the steel grating investigations.
On the steel oil pipe, check out the vote, 6-0!
The U.S. International Trade Commission voted 6-0 in favor of the duties set by the U.S. Commerce Department to offset Chinese government subsidies.
The United States imported $2.74 billion of the "oil country tubular goods" from China in 2008, more than triple the previous year, as a surge in oil prices led to increased demand for the oil well pipe.
Let's hope we see a hell of a lot more of this. China is notorious to dump, below cost, products in the United States to capture a market or industry sector and put U.S. industries out of business.