8 Feb 2019
Structural Steel from Mainland China Subject of New AD/CV Petition
A petition filed on 4 February alleges that fabricated structural steel from mainland China is being sold at less than fair value in the U.S. market and benefitting from countervailable subsidies. The alleged average dumping margin for such merchandise is 218.85 percent. The U.S. Department of Commerce and the U.S. International Trade Commission will next determine whether to launch AD and CV duty and injury investigations, respectively, on these products. There are strict statutory deadlines associated with these proceedings, so affected companies that wish to protect their interests are advised to contact trade counsel as soon as possible.