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USITC to maintain AD and CV duties on imports of some steel products from China

The U.S. International Trade Commission (USITC) determined that revoking the existing antidumping (AD) and countervailing (CV) duty orders on imports of carbon and certain alloy steel wire rod from China would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

A press release said that due to the finding, the existing AD and CV duty orders on imports of this product from China will remain in place. For the wire rod, the AD rates were 106.19% for eight exporters/producers, and 110.25% for six other manufacturers. The investigation was done under the five-year (sunset) review process required by the Uruguay Round Agreements Act.

Read 1233 times Last modified on June 24, 2020