U.S. sets final dumping margins on GOES products from China, Republic of Korea and Russia
USA, Washington: Yesterday The U.S. Commerce Department set final dumping margins on imports of grain-oriented electrical steel (GOES) products from China, the Republic of Korea and Russia.
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USA, Washington: Yesterday The U.S. Commerce Department set final dumping margins on imports of grain-oriented electrical steel (GOES) products from China, the Republic of Korea and Russia.
The department made its final determination that GOES from China, the Republic of Korea and Russia had been sold below the fair value in the U.S. market with dumping margins of 159.21%, 3.68%, 68.98% to 119.88%, respectively, reports Global Post.
The department also determined that Chinese producers and exporters of GOES received countervailing subsidy rates of 127.69%. Punitive duties will be imposed after the 10th November 2014, when the U.S. International Trade Commission (USITC) makes an affirmative final rule. However, if the USITC makes a negative determination, the investigations, which were in response to request from AK Steel Corporation and Allegheny, will be terminated.
Source: Global Post
#China dumping charges#GOES dumping charges#Korea dumping charges#Russia dumping charges#U.S. Commerce Department#U.S. Commerce Department China Korea Russia#U.S. Commerce Department dumping charges