WASHINGTON -- The U.S. Commerce Department on May 17 set final dumping margins on imports of cold-rolled steel flat products from China, signaling that it may impose punitive duties on those products.
The department made its affirmative final determination that these cold-rolled steel products from China had been sold in the United States at dumping margins of 265.79 percent.
The department also determined that producers and exporters of these Chinese products received countervailing subsidies of 256.44 percent.
Punitive duties would be imposed after the U.S. International Trade Commission (ITC) made an affirmative final rule, which is scheduled for June 30. If the ITC makes a negative determination, the anti-dumping and anti-subsidy investigations into these products will be terminated.
In 2015, imports of these products from China under investigation were estimated at about 272.3 million U.S. dollars, according to U.S. official data.
The Chinese Ministry of Commerce has repeatedly urged the United States to abide by its commitment against trade protectionism and work together with China and other members of the international community to maintain a free, open and just international trade environment.
A single purchase
