The US Department of Commerce said Wednesday it imposed duties on Chinese and Mexican structural steel after preliminary determination that manufacturers in both countries dumped manufactured structural steel on the US market at prices below fair market value.
The department said it has imposed duties of up to 141% on Chinese structural steel and up to 31% on Mexican structural steel and will begin collecting cash deposits for imports based on those rates.
The organization said it found that imports of Canadian manufactured structural steel did not violate US anti-dumping laws.
Most of China's steel products have been largely excluded from the US market by the former Commerce Department's anti-dumping duties and President Donald Trump's 25 percent penalty tariffs. The latest order aims to prevent downstream Chinese structural steel assemblies from not fulfilling these responsibilities and entering the United States.
The Commerce Department plans to issue final anti-dumping duties as part of its investigation into manufactured steelwork on or around January 24, 2020. The US International Trade Commission needs to find out that American steelmakers have been injured by imports from China and Mexico for duties to be fixed for a five-year period.
US imposes duties on structural steel from China and Mexico
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Azovpromstal® 6 September 2019 г. 10:34 |
