AK Steel Corporation | AK Steel Corporation
AK Steel Corporation | AK Steel Corporation
Cleveland-Cliffs Inc. today applauded the U.S. International Trade Commission’s unanimous affirmative preliminary determination on all countries in response to antidumping and countervailing duty petitions on tin and chromium coated sheet steel products (“tin mill products”) filed by Cleveland-Cliffs and the United Steelworkers (“USW”). This affirmative preliminary determination relates to petitions seeking antidumping duties on U.S. imports of tin mill products from Canada, China, Germany, the Netherlands, South Korea, Taiwan, Turkey, and the United Kingdom. The petitions also seek the imposition of countervailing duties on U.S. imports of tin mill products from China.
Lourenco Goncalves, Cleveland-Cliffs' Chairman, President and Chief Executive Officer, stated, "Today’s affirmative vote by the U.S. International Trade Commission signals real progress on our joint effort with the USW to remedy surging imports of dumped and subsidized tin mill products in the U.S. market. Cleveland-Cliffs is committed to this antidumping and countervailing duty action and we are optimistic that we will see continued progress in this case before both the U.S. Department of Commerce and the U.S. International Trade Commission. Today’s vote should give pause to those facilitating the import of dumped and subsidized tin mill products from the countries at issue in this case.”
The eight countries covered by the antidumping petitions and their respective alleged margins are as follows:
Country | Dumping Margins | |
Canada | 79.59% | |
China | 122.52% | |
Germany | 70.15% | |
Netherlands | 125.10 - 296.04% | |
South Korea | 13.28 – 110.5% | |
Taiwan | 46.76 - 59.61% | |
Turkey | 87.73 - 97.21% | |
United Kingdom | 111.92% |
Original source can be found here