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Steel News March 08, 2017 07:30:21 AM

US Department of Commerce Announces Rulings Against Imports from China and Turkey

Paul Ploumis
ScrapMonster Author
A final determination by the Commerce Department is expected by May 15.

US Department of Commerce Announces Rulings Against Imports from China and Turkey

Falls Church, VA (AIIS) - The Department of Commerce on Feb. 2 announced affirmative final determinations in antidumping duty and countervailing duty investigations of imports of stainless steel sheet and strip from China.

The dumping margins in the antidumping investigations ranged from 63.86 percent to 76.64 percent. The subsidy rates in the countervailing duty investigations ranged from 75.6 percent to 190.72 percent.

With the Commerce Department having completed its work on the cases, the International Trade Commission is scheduled to announce on March 20 its final determination of whether the imports cause or threaten to cause material injury to domestic producers.

Also, on Feb. 22, Commerce announced an affirmative preliminary determination in the countervailing duty investigation of imports of steel concrete reinforcing bar from Turkey. The subsidy rates were found to be 3.47 percent.

A final determination by the Commerce Department is expected by May 15.

Courtesy : AIIS Newsletter

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