U.S. levies duties on corrosion-resistant steel from five countries | Reuters

WASHINGTON The U.S.

Reuters May 26, 2016 06:15:07 IST
U.S. levies duties on corrosion-resistant steel from five countries
| Reuters

US levies duties on corrosionresistant steel from five countries
 Reuters

WASHINGTON The U.S. Commerce Department, in a clamp-down on a glut of steel imports, on Wednesday issued final anti-dumping duties on corrosion-resistant flat steel from China, Taiwan, South Korea, India and Italy.

China, facing pressures globally over its excess steelmaking capacity, was the worst-hit with final U.S. anti-dumping duties of 210 percent and final anti-subsidy duties ranging from 39 percent to 241 percent.

(Reporting by David Lawder; Editing by Leslie Adler)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

also read

Euro 2020: Manuel Locatelli, Ciro Immobile fire Italy into last-16 with win over Switzerland
Sports

Euro 2020: Manuel Locatelli, Ciro Immobile fire Italy into last-16 with win over Switzerland

Italy will advance as Group A winners if they avoid defeat against surprise Euro 2016 semi-finalists Wales at the Stadio Olimpico on Sunday.

Euro 2020: Italy dealt with scare ahead of Switzerland clash as Alessandro Florenzi suffers calf injury
Sports

Euro 2020: Italy dealt with scare ahead of Switzerland clash as Alessandro Florenzi suffers calf injury

"(Florenzi) underwent tests this morning which revealed an inflammatory muscle injury to the right calf," the Italian Football Federation confirmed on Saturday.