STEEL NEWS

US confirms anti-dumping duties on steel for 10 countries

The U.S. Commerce Department on Tuesday issued affirmative decisions to impose anti-dumping and countervailing duties on 10 countries, including Turkey, following an investigation into corrosion-resistant steel products.

The decisions cover imports from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, the United Arab Emirates (UAE) and Vietnam worth $2.9 billion, the Commerce Ministry said in a statement.

“The Department of Commerce has made a final determination that imports of CORE steel into the United States from ten trading partners were dumped and/or subsidized,” the statement said.

Corrosion-resistant steel is used to manufacture cars, household appliances and buildings, the ministry said.

“American steel companies and workers deserve to compete on an equal footing,” said William Kimmitt, Assistant Secretary of Commerce for International Trade.

The Ministry of Commerce said the International Trade Commission (ITC) would now independently determine the damage to the domestic steel industry.

“If the CMT makes an affirmative decision to cause damage to a particular trading partner, the Ministry of Commerce will issue orders on the application of impact measures (AD) and impact measures (CVD),” the Ministry of Commerce said.