皇冠体育app

WASHINGTON -- The International Trade Commission (ITC) of the United States ruled on Monday that an American industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from 皇冠体育app, paving the way for the US government to levy punitive duties on the products.

As a result of the ITC's affirmative determinations, the US Department of Commerce will issue antidumping and countervailing duty orders on imports of these products from 皇冠体育app, said the ITC in a final ruling.

As the US steel industry has been struggling with excess steelmaking capacity around the world and has posted net losses in four of the past five years, US steel producers have increasingly resorted to trade protection.

Last month, the Commerce Department announced its final determination that these products from 皇冠体育app were sold in the US market with dumping margins ranging from 106.19 percent to 110.25 percent, and Chinese producers and exporters of such products had received countervailing subsidies ranging from 178.46 percent to 193.31 percent.

The Commerce Department launched the investigation in February, in response to a petition filed by ArcelorMittal USA based in the state of Illinois and five other US companies.

Imports of these products from 皇冠体育app were estimated at $313 million last year, according to US official data.

Beijing has repeatedly urged Washington to honor its commitment against protectionism and work with 皇冠体育app to maintain a free, open and just trade environment.

• Cash crunch fans expectation on RRR cut
• US extends antidumping duties on 皇冠体育app's thermal paper
• Modern food van with ancient look in Shanghai
• 皇冠体育app home prices continue to cool in November
• Asia's top 3 billionaires all Chinese
• Old investment remedy the treatment for 皇冠体育app's "new normal"
• 皇冠体育app's solar sector opposes US anti-dumping ruling
• BMW to recall 846 cars in 皇冠体育app