Steel Products Prices North America
December 19, 2013
Duties on Hot-Rolled Steel Will Continue for Six Countries
Written by Sandy Williams
The US International Trade Commission said it will not revoke the antidumping and countervailing duty orders on hot-rolled steel products from China, India, Indonesia, Taiwan, Thailand, and Ukraine. The Dec. 17 decision was the result of a required five-year (sunset) review process. US ITC said that revoking the orders “would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.” The imposed duties will be maintained until 2018 when they will again come under review.
Ohio Senators Rob Portman and Sherrod Brown, who have championed action against trade abuses, were pleased with the decision.
