NEW YORK Elkay Manufacturing Co. has praised the International Trade Commissions (ITCs) determination that imports of drawn stainless steel sinks from China are causing material injury to the domestic industry.
The Oak Brook, Ill.-based companywhich submitted the original petition that prompted an investigation in March 2012said the unanimous March 21 ruling (amm.com, March 21
) was a big win for the U.S. industry.
While the subsidization and dumping of Chinese sinks into the U.S. at illegal prices jeopardized American jobs, we are confident that this ruling will restore a level, competitive playing field that enables Elkay and other U.S. stainless steel sink manufacturers to continue investing in America to produce high-quality, innovative products, Elkay president and chief executive officer Tim Jahnke said in a statement.
The Commerce Departments International Trade Administration (ITA) previously found that the product was being sold in the United States at dumping margins ranging from 27.14 to 76.53 percent and that Chinese producers received countervailable subsidies ranging from 4.8 to 12.26 percent (amm.com, Feb. 21