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U.S. Dept. of Commerce issues preliminary determinations in CVD investigations of fabricated structural steel imports
- July 9, 2019
- News Release
- Metals/Materials
The U.S. Dept. of Commerce (DOC) has announced its preliminary determinations in the countervailing duty (CVD) investigations of imports of fabricated structural steel from Canada, China, and Mexico.
In the China and Mexico investigations, the DOC made affirmative determinations, finding that exporters received countervailable subsidies at rates from 30.30 to 177.43 percent, and 0.01 (de minimis) to 74.01 percent, respectively. In the Canada investigation, the DOC made a negative determination, finding that exporters received countervailable subsidies at de minimis levels from 0.12 to 0.45 percent.
Based on these preliminary determinations, the DOC will instruct U.S. Customs and Border Protection to collect cash deposits from importers of fabricated structural steel from China and Mexico.
In 2018 imports of fabricated structural steel from Canada, China, and Mexico were valued at an estimated $722.5 million, $897.5 million, and $622.4 million, respectively.
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