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MALAYSIA CHARGED WITH DUMPING BY STAINLESS STEEL PIPE PRODUCERS AND UNION

 WASHINGTON, Feb. 16 /PRNewswire/ -- Determined to halt the flood of what they call unfairly priced imports, domestic stainless steel pipe producers and the United Steelworkers of America today petitioned the U.S. government to impose dumping duties on welded stainless steel pipe from Malaysia.
 In antidumping petitions filed with the U.S. Commerce Department and the U.S. International Trade Commission, the petitioners charge that a Malaysian manufacturer, Kanzen Tetsu, sold welded stainless steel pipe in the United States up to 43 percent below its fair value. Meanwhile, to compete, U.S. stainless steel pipe producers were forced to cut their prices drastically, leading to a substantial drop in net prices. At the same time, the number of U.S. workers in this industry and their hours seriously declined.
 "Since late 1991 and early 1992, imports from Malaysia have surged, replacing a significant portion of the Korean and Taiwanese product that dropped out of the U.S. market following our filing of antidumping cases against those countries," explained William K. Grant, president of the Trent Tube Division, Crucible Materials Corporation, one of the petitioners. "During this period, our industry's financial health and the welfare of our workers have suffered in large part due to the Malaysian producer's attack on our market."
 The petition notes that the influx of low-priced imports from Malaysia materially contributed to the domestic industry's overall net operating loss of 1992, following profitable years in 1990 and 1991. According to the petition, after the successful conclusion of the dumping cases against Korea and Taiwan, the Malaysian producer picked up where they left off, driving the domestic industry further into the ground. Observed Grant, "It is important that the Malaysians understand that we will defend our market from unfairly priced imports."
 The estimated size of the U.S. market for welded stainless steel pipe was 56,000 short tons in 1992. The petition states that Malaysia's U.S. market share soared between 1990 and 1992, rising to 6 percent from zero.
 The dumping charges will be investigated by the Department of Commerce. The International Trade Commission has 45 days to determine preliminarily whether there is reasonable indication of material injury or threat of material injury to the domestic industry.
 Welded stainless steel pipe is used in high-corrosive, pressurized environments and is commonly found in process industry facilities where it is used to convey fluids or gases from one process to another. Major applications include food processing, petrochemical, pharmaceutical, and automotive paint lines, brewery process and transport lines, and paper process machines.
 In addition to Trent Tube in East Troy, Wis., the petitioners are Avesta Sheffield, Inc., Schaumburg, Ill.; Bristol Metals, Bristol, Tenn.; Damascus Tubular Products, Greenville, Pa.; and the United Steelworkers of America.
 -0- 2/16/93
 /CONTACT: Meg Mullery for the stainless steel pipe producers and the United Steel Workers of America, 202-342-8439/


CO: United Steel Workers of America ST: District of Columbia IN: MNG SU:

MH -- DC025 -- 7000 02/16/93 17:32 EST
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Publication:PR Newswire
Date:Feb 16, 1993
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