WTO to investigate US duties on Indian flat rolled

Monday, 03 September 2012 01:21:19 (GMT+3)   |  
       

On Friday, The World Trade Organization said that it will look into the legality of certain countervailing duties the US has placed on imports of Indian carbon hot rolled flat steel. On April 24, India filed a complaint with the WTO. The US duties are based on a previous US determination that Indian steel producers were given illegal subsidies by paying less for iron ore.

Also Friday, the US blocked a request from China asking the WTO to investigate US anti-subsidy actions on 22 Chinese products, including steel pipe and solar panels.


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