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Washington imposes massive anti-dumping duties on Russian steel of almost 800%

November 22nd, 2017
Categories: Past News

Link: https://www.rt.com/business/410599-us-dumping-carbon-alloy-steel/

The US Commerce Department has concluded that carbon and alloy steel wire rod from Russia, Belarus, and the United Arab Emirates has been dumped on the US market at unfair prices. Russian steel faces the highest tariff of 756.93 percent.

“The United States is dedicated to free, fair, and reciprocal trade with these countries, and this case was decided strictly on a full and fair assessment of the facts. The DoC is committed to protecting US companies being hurt by foreign manufacturers that refuse to play fair,” Commerce Secretary Wilbur Ross said, commenting on the final results of an anti-dumping probe this year.

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