Commerce Department Announces Rulings Against China, Turkey-Shanghai Metals Market

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Commerce Department Announces Rulings Against China, Turkey

Industry News 03:07:42PM Mar 08, 2017 Source:Scrap Register

March 08, 2017 12:30:09 AM

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

Commerce Department Announces Rulings Against China, Turkey

Industry News 03:07:42PM Mar 08, 2017 Source:Scrap Register

March 08, 2017 12:30:09 AM

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