Scrap Monster
Vulcan
Vulcan
Steel News May 16, 2018 02:00:10 AM

Commerce Department Announces Final Determinations in Trade Cases

Paul Ploumis
ScrapMonster Author
Final determinations by the ITC are expected by May 24.
Commerce Department Announces Final Determinations in Trade Cases

SEATTLE (Scrap Monster): The U.S. Department of Commerce on April 6 announced an affirmative final determination in its countervailing duty investigation of imports of stainless steel flanges from China.

The subsidy rate was found to be 174.73 percent.

The final determination by the International Trade Commission (ITC), which will decide whether the imports materially injured, or threatened to materially injure, the domestic steel industry, is expected by May 21.

On April 10, the Commerce Department announced affirmative final determinations in its antidumping duty investigations of imports of cold-drawn mechanical tubing from China, Germany, India, Italy, South Korea and Switzerland.

The dumping rates ranged from 3.11 percent to 209.06 percent.

Final determinations by the ITC are expected by May 24.

Courtesy: AIIS