FINAL RULING:Taiwanese rebar exporters face tariffs of 3.5 to 32.01 percent, while Turkey was slapped with 5 to 8 percent and Japan faces tariffs exceeding 200 percent
Date: Jul 23, 2017
By: Staff writer, with CNA, Washington
The US Department of Commerce on Friday said that Taiwan’s steel exporters sold certain steel products to the US market at unfairly low prices.
US Secretary of Commerce Wilbur Ross announced in a statement the affirmative final ruling in the department’s anti-dumping duty probe that found that Taiwan exporters dumped steel concrete reinforcing bars into the US market.
According to the department, Taiwan’s firms that make steel concrete reinforcing bars sold their products to the US at 3.5 percent to 32.01 percent lower than fair market prices.
The department said it made the findings based on evidence provided by the interested groups. [FULL STORY]