The U.S. International Trade Commission issued two new final determinations on Wednesday related to imports of steel products from China.
The ITC determined that the U.S. industry is materially injured by the imports of carbon and alloy steel cut-to-length plate from China. Countervailing subsidy rates of 251.00% and antidumping margins of 68.2 percent will be issued by Commerce.
The petitioners in the CTL plate investigation were ArcelorMittal USA, Nucor, and SSAB.
The ITC also found injury to domestic steel makers by the import of stainless steel sheet and strip from China. Countervailing subsidy rates of 190.71 percent and 74.60 will be issued by Commerce as well as antidumping margins of 63.86 and 74.64 percent.
The petitioners in the stainless steel investigation were AK Steel, Allegheny Ludlum, ATI , North American Stainless and Outokumpu Stainless USA.
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