U.S. imposes duties on structural steel from China, Mexico
September 5, 2019700 views0 comments
The U.S. commerce department said it imposed duties on Chinese and Mexican structural steel after making a preliminary determination that producers in both countries had dumped fabricated structural steel on the U.S. market at prices below fair market value.
The department said it 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.
Commerce said it had found that imports of Canadian fabricated structural steel did not violate U.S. anti-dumping laws.
Most Chinese steel products have largely been excluded from the U.S. market by prior Commerce Department anti-dumping duties and President Donald Trump’s 25% punitive tariffs.