August 15, 2022

An employee stands near galvanized coils at a workshop of the Novolipetsk (NLMK) steel mill in Lipetsk, about 500 km (311 miles) southeast of the capital Moscow, January 30, 2014. REUTERS/Andrey Kuzmin

U.S. trade panel rejects import duties on fabricated structural steel

By Administrator_India

Capital Sands

The U.S. International Trade Commission on Tuesday threw out the U.S. anti-dumping and anti-subsidy duties on fabricated structural steel from Canada and Mexico, ruling that such imports do not harm U.S. producers.

The decision by the panel in a split, 3-2 vote is a rare rejection of U.S. duties imposed by the U.S. Commerce Department in an anti-dumping and anti-subsidy case. Under U.S. trade law, the commission does not rule on whether products were dumped below cost or unfairly subsidized, but only on whether U.S. producers suffered an injury.

The ruling eliminates U.S. anti-dumping and anti-subsidy duties on imports of steel structures prefabricated from beams, girders, columns, plates, and flanges for use in construction. U.S. imports of such fabricated steel products in 2018 were valued at $722.5 million from Canada, $897.5 million from China and $622.4 million from Mexico, the Commerce Department said.

For imports from China, Commerce in January had imposed final anti-dumping duty rates of up to 154.1% and anti-subsidy duties of up to 206.5%. Imports from Mexico were subjected to anti-dumping rates of up to 30.6% and anti-subsidy duties of 68.9%. On Canadian structural steel fabrications, Commerce had imposed anti-dumping duties of up to 6.7% and no anti-subsidy duties.

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