The US Department of Commerce has identified preliminary dumping margins for a UK exporter of cold-rolled coil, Kallanish learns from the Federal Register.
Liberty Performance Steels is alleged to have dumped cold-rolled into the US market ate margin of 8.65% during the review period of 1 September, 2019, through 31August, 2020.
The department is inviting interested parties to comment on the findings. A hearing request must be submitted by 31 July.
AK Steel serves as the petitioner in the case. The company is now a part of Cleveland-Cliffs, having been acquired in 2020.
Short comments: Anti-dumping is a financial term that refers to measures taken against the dumping of foreign goods on the domestic market.
In general, the dumping of foreign goods in addition to the general import duties levied on the surcharge, so that they can not be sold at a low price, such a surcharge is called "anti-dumping duty".