Chinese Steel Faces More Duties As Commerce Finds Dumping
Law360, New York (September 12, 2016, 4:32 PM EDT) -- The U.S. Department of Commerce handed down another round of stiff preliminary tariffs on Chinese steel products after finding that the goods were being sold in the U.S. market at unfairly low prices, handing a win to the domestic producers who are pursuing the duties.
In its preliminary determination, Commerce assigned a 63.86 percent anti-dumping duty to a pair of Chinese producers — Taiyuan Ridetaixing Precision Stainless Steel Inc. Co. Ltd. and Zhangjiagang Pohang Stainless Steel Co. Ltd. — and a 76.64 percent rate to other shippers in China, including Shanxi Taigang Stainless Steel Co. Ltd.
The agency's decision comes just...
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