The U.S. Department of Commerce. qingwa/Adobe Stock
The Department of Commerce made a preliminary determination in its anti-dumping investigation covering non-refillable steel cylinders imported from China.
The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when sourcing metals for 2021 — including expected average prices, support and resistance levels.
DOC rules steel cylinders dumped from China
The DOC determined China dumped the steel products into the U.S. at margins between 57.83% and 114.58%.
The domestic petitioner in the case is Worthington Industries of Columbus, Ohio.
“As a result of today’s decisions, Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of non-refillable steel cylinders from China based on the preliminary rates noted above,” the DOC said in a release last week.
Imports of non-refillable steel cylinders reached a value of $21.5 million in 2019, per the DOC.
The U.S. International Trade Commission will make its final determination in the case by Feb. 22, 2021.
We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up today.