Heavy Anti-Dumping Duties Hit Chinese Anti-Corrosive Steel Imports

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The Department of Commerce  found that imports of corrosion-resistant steel products from China, India, Italy, and Korea, had been illegally dumped in the US, in violation of international law, and also announced a negative preliminary determination in the anti-dumping investigation of imports of corrosion-resistant steel products from Taiwan.

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In the China investigation, the mandatory respondent, Yieh Phui (China) Technomaterial Co., Ltd., as well as the two parties which qualified for separate rates, all received a preliminary dumping margin of 255.80%.

Corrosion-resistant steel is the latest to receive anti-dumping protection. Source: AdobeStock/icarmen3.

Corrosion-resistant steel is the latest to receive anti-dumping protection. Source: AdobeStock/icarmen3.

All other producers/exporters in China received the China-wide rate of 255.80%. This

In the India investigation, mandatory respondents JSW Steel Ltd., and Uttam Galva Steels Limited received preliminary dumping margins of 6.64% and 6.92%, respectively. All other producers/exporters in India received a preliminary dumping margin of 6.76%.

In the Italy investigation, mandatory respondents Acciaieria Arvedi S.p.A. and Marcegaglia S.p.A. received preliminary dumping margins of 3.11% and 0% (found not to have been dumped), respectively. All other producers/exporters in Italy received a preliminary dumping margin of 3.11%.

In the Korea investigation, mandatory respondents Dongkuk Steel Mill Co., Ltd./Union Steel Manufacturing Co., Ltd. and Hyundai Steel Company received preliminary dumping margins of 2.99% and 3.51%, respectively. All other producers/exporters in Korea received a preliminary dumping margin of 3.25%.

In the Taiwan investigation, mandatory respondents Yieh Phui Enterprise Co., Ltd. and Prosperity Tieh Enterprise Co., Ltd.  escaped import duties when theyreceived preliminary dumping margins of 0%. Commerce did not calculate a preliminary dumping margin for all other producers/exporters in Taiwan because it has not made an affirmative preliminary determination.

As a result of the preliminary affirmative determinations, Commerce will instruct U.S. Customs and Border Protection (CBP) to require cash deposits based on these preliminary rates.

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Many of these producers are already paying countervailing duties on their imports of hot-dipped galvanized and other anti-corrosive steel products.

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