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China opposes US anti-dumping duties on oil well pipe

(Xinhua)
Updated: 2009-11-06 19:53

BEIJING: China's Ministry of Commerce (MOC) Friday branded the United States imposition of anti-dumping duties on Chinese oil well pipes as protectionist and vowed to take measures to protect its own domestic interests.

The United States denied China's market economy status and took discriminative measures to impose anti-dumping duties, bringing serious impacts to China's steel sector exports, said MOC spokesman Yao Jian in a statement on the ministry's website.

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"We hope the United States can get rid of the bias and admit China's market economy status soon to tackle the double standards thoroughly and give Chinese enterprises equal and fair treatment," Yao said.

The US Commerce Department on Thursday set preliminary anti-dumping duties on imports of Chinese-made oil well pipes.

The department said it had "preliminarily determined that Chinese producers/exporters have sold OCTG (oil country tubular goods) in the United States at prices ranging from zero to 99.14 percent less than normal value."

As a result, a 36.53-percent levy was imposed on OCTG from 37 Chinese companies, while some other Chinese companies received a preliminary dumping rate of 99.14 percent.