U.S. ITC Greenlights Duties on Two Chinese Steel Products
03/03/2017 - The U.S. International Trade Commission has ruled that American producers indeed have been harmed by dumped imports of certain steel products from China, clearing the way for the imposition of tariffs.
In separate decisions, the commission affirmed earlier injury determinations on 5-0 votes. The rulings pertain to stainless sheet and strip and carbon and alloy cut-to-length plate.
As a result, Chinese stainless strip producers will face dumping margins of 63.9% or 76.6% and subsidy rates of 75.6% or 190.7%. Plate producers will face dumping margins of 68.3% and subsidy rates of 251%.
Both cases were filed on complaints from U.S. producers last year.
As a result, Chinese stainless strip producers will face dumping margins of 63.9% or 76.6% and subsidy rates of 75.6% or 190.7%. Plate producers will face dumping margins of 68.3% and subsidy rates of 251%.
Both cases were filed on complaints from U.S. producers last year.