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    Trade Cases

    US DOC Releases AD Ruling on Hot Rolled

    Written by John Packard


    The US Department of announced this evening that evidence of dumping (antidumping or AD) existed on imports of hot rolled steel from Australia, Brazil, Japan, Korea, the Netherlands, Turkey and the United Kingdom. Dumping duties ranged from a low of 3.97 percent out of Hyundai Steel Company in Korea to a high of 49.05 percent for Tata Steel and all producers out of the United Kingdom.

    Dumping exists when a foreign country sells a product to the United States at less than its fair value.

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