ITC Signs Off On South Korean Steel Component Duties

Law360, Washington (April 19, 2017, 4:19 PM EDT) -- The U.S. International Trade Commission gave the final go-ahead Wednesday for tariffs on a South Korean iron alloy used in the production of steel, concluding that U.S. industry is “materially injured” from the less-than-fair-value importation of ferrovanadium.

All five ITC commissioners voted to affirm the injury finding, the last step in the process before the U.S. Department of Commerce can impose import duties, the commission said in an announcement. Commerce’s International Trade Administration finalized its duty margins last month under a finding that South Korean ferrovanadium...
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