After preliminary determinations in anti-dumping investigations, the U.S. Department of Commerce has announced it has imposed duties on structural steel from China and Mexico. The department says China and Mexico have dumped fabricated steel in the U.S. at prices below fair market value.
The department has imposed duties of up to 31 percent on Mexican structural steel and will collect cash deposits from importers of fabricated steel from Mexico, according to a news release.
The department has initiated 182 new anti-dumping duty investigations, which provide American businesses and workers relief from the “harmful effects of the unfair pricing of imports.”
Mexico’s Economy Ministry said the duties imposed on some Mexican structural steel are part of a “normal investigation” when an industry feels it is being affected by imports that use unfair practices, including dumping or subsidies, according to an online report by Reuters.
The department says it will release final anti-dumping duties in its fabricated structural steel investigation by Jan. 24, 2020.
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