The US Department of Commerce (DOC) has announced final dumping and subsidy margins for Chinese and Japanese exporters of certain cold rolled coil (CRC) products.
Accordingly, the DOC affirmed the preliminary dumping margins of 265.79 percent and 71.35 percent for China and Japan, respectively, as well as the subsidy rate of 227.29 percent for China.
These margins will be applied as definitive duties if the US International Trade Commission (US ITC) makes an affirmative finding in its final ruling which is scheduled for June 30. If the US ITC makes a negative ruling, the antidumping and the countervailing duty investigations will be terminated.
The DOC is yet to make a final ruling on the remaining countries involved in the same duty investigations, namely, Brazil, India, South Korea, Russia and the United Kingdom, on July 13.