Government/Policy
November 21, 2024
Nippon respects HR dumping decision, expects lower rate in next review
Written by Laura Miller
Nippon Steel says it respects the US Department of Commerce’s findings in administrative reviews despite the agency recently assigning the Japanese steelmaker a higher dumping margin.
Earlier this month, Commerce announced a 29.03% weighted-average dumping margin for imports of hot-rolled steel flats from Nippon. That was noticeably higher than the 1.39% margin set in the previous review. The ruling, which is still preliminary, is part of an annual review of the anti-dumping duty order on HR steel from Japan. The period of review is Oct. 1, 2022, through Sept. 30, 2023.

