Scrap Register (NEW YORK): The United States will begin collecting cash deposits from importers of Chinese-made cast iron pipes following a preliminary determination that pipes are sold at up to 110 percent below fair market value, the US Department of Commerce said in a press release.

The department said it preliminarily found that Chinese exporters have sold the fittings in the United States at 68.37 percent to 109.95 percent less than fair value and that in 2016 imports of the fittings from China were valued at an estimated $8.6 million. It will issue a final determination on June 27.

The highest “dumping rate” came from Sibo International Limited, according to the Commerce Department, which has put a duty on the company’s fittings of 109.79 percent.

Duties will become permanent if the Commerce Department makes an affirmative final determination of dumping and the US International Trade Commission rules that US competitors have been injured by the practice, the release explained.