2023-08-17 14:57:12
The U.S. Department of Commerce said on Thursday (17th) that it will impose preliminary anti-dumping duties on tinplate steel (tinplate) imported from Canada, Germany and China to protect domestic steel producers, but will not impose anti-dumping duties on Taiwan, the United Kingdom, the Netherlands, South Korea Anti-dumping duties are imposed on tin-plated steel imported from Turkey.
The U.S. Department of Commerce stated that it will impose anti-dumping duties of 122.5%, 7.02% and 5.29% on tinned steel sheets imported from China, Germany and Canada respectively. The move will lead to higher prices for cans made from tin-plated steel and the food, paint and other products it contains. The official Federal Register estimate will be released later Thursday.
The high-profile case was at Cleveland-Cliffs, a U.S. steelmaker (CLF-US) was launched in February this year following a complaint was lodged. The company accused foreign companies of dumping products in the tinplate industry. In recent years, several tinplate production plants in the United States have closed.
As part of a separate parallel investigation, the U.S. Commerce Department announced in June that it would impose preliminary countervailing duties of 543 percent on tin ore imports from Baoshan Iron and Steel Co . A preliminary countervailing duty of 89% is imposed on tin ore imports by all other Chinese producers.
However, the other seven countries named in the Commerce Department’s decision on Thursday were not subject to countervailing investigations.
The Can Manufacturers Institute (CMI) in the US argues that US steelmakers currently produce less than half of the tinplate needed for domestic can manufacturing, and amid persistently high inflation, new import tariffs will drive down material costs and food prices. rise.
In June this year, a bipartisan letter from members of the U.S. Congress stated that high anti-dumping duties will increase the cost of canned packaging for food and aerosol products, and may help Chinese canned food producers, leading to an increase in canned food imported from China.
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