Structural Steel from Canada, China, and Mexico Subject of New AD/CV Petition
A petition filed Feb. 4 alleges that fabricated structural steel from Canada, China, and Mexico is being sold at less than fair value in the U.S. market and benefitting from countervailable subsidies. The alleged average dumping margins are 31.46 percent for Canada, 218.85 percent for China, and 41.39 percent for Mexico. The Department of Commerce and the International Trade Commission will next determine whether to launch AD and CV duty and injury investigations, respectively, on these products. There are strict statutory deadlines associated with these proceedings, so affected companies that wish to protect their interests should contact trade counsel as soon as possible.