USA introduces preliminary duty on imported steel sheet

According to a preliminary announcement by the US Department of Commerce (USDOC), imports of certain cut to length (CTL) carbon and alloy steel sheets from Italy were traded in the US market at below fair value during the review period from May 1 2019 to 30 April 2020. The preliminary dumping duty on the goods in question was set in the range of 1.21% to 1.37%, depending on the different companies.

The current final AD duty rate on eligible products is between 1.23% and 1.39%.

Also, the United States Department of Commerce (USDOC) concluded that certain Belgian cut to length (CTL) carbon and alloy steel sheets were sold to the US market at below normal prices during the review period from May 1, 2019 to April 30, 2020. …

Thus, the preliminary weighted average dumping margin for NLMK Clabecq was set at 6.40%, for Industeel Belgium at 0.51%, and for the other eighteen manufacturers and exporters at 3.46%. These rates will be lower than the current final dumping margin of 8.64% -12.29% if approved.

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