U.S. Validates China and Japan Cold-Rolled Steel Dumping Margins
- Commerce Department confirms preliminary 266% margin for China
- U.S. steel producers began filing formal trade actions in June
This article is for subscribers only.
The U.S. affirmed the level of dumping margins it found on cold-rolled steel imports from China, paving the way for permanent duties on the product used in cars and appliances.
Dumping margins were 266 percent for Chinese imports and 71 percent for Japanese cold-rolled imports, the Commerce Department said Tuesday in a statement. The department also found that imports of the variety of steel from China were subsidized by 256 percent, higher than the 227 percent found in a preliminary ruling in December.