The highest anti-dumping duties of 122.5 percent are now levied on products originating from China.
The US has placed final tariffs on imports of tinplate products from Germany, China, Canada and South Korea. The US Department of Commerce concluded on Friday that these countries were practicing dumping. However, this is not the case in the Netherlands, Taiwan, Turkey and Great Britain. The highest anti-dumping duties of 122.5 percent are now levied on products originating from China.
For ThyssenKrupp Rasselstein and other German producers it is 6.88 percent. The US International Trade Commission must now determine that US producers suffered material damage. A vote on this will likely take place in the coming weeks.
The US tariffs were announced in mid-August. The German Steel Association criticized the decision at the time. “In principle, we support consistent action against unfair trade by the EU and the US,” explained Steel Association managing director Martin Theuringer. “In the current case of the US anti-dumping case involving tinplate, Germany is clearly the wrong trading partner, since German companies behave according to the market in international markets.” (APA/Portal)