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U.S. imposes duties on steel from Brazil, India, Korea, UK

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Staff Writer | September 3, 2016
The U.S. International Trade Commission to lock in duties on imports of cold-rolled steel flat products from Brazil, India, Korea and Britain, but said imports from Russia were not injuring the U.S. industry.
Steel duties
Protection   Duties that range as high as 58.36 percent
The U.S. Commerce Department had previously found the products from Brazil, India, Korea and Russia were being sold in the United States at below fair value and unfairly subsidized, and that the products from Britain were also being dumped.

In the case of Brazil, India, Korea and Britain, the ITC said it found that their imports were harming the U.S. industry, effectively locking in place duties proposed by the Commerce Department that range as high as 58.36 percent.

The lack of a finding of injury due to Russian imports means they will not face duties.


 

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