September 14, 2016
Partner John Herrmann was quoted in the Recycling Today article “Commerce Department Finds China Dumping Stainless Steel.” The U.S. Department of Commerce has reached a preliminary determination that imports of stainless steel sheet and strip from China are being sold at less-than-fair value in the United States. As a result, the Commerce Department says it will instruct U.S. Customs and Border Protection (CBP) to require U.S. importers of stainless steel sheet and strip from China to deposit estimated anti-dumping duties at the time of importation. The Commerce Department's determinations follow the filing of anti-dumping and countervailing (or subsidy) duty petitions by domestic stainless steel sheet and strip producers AK Steel Corp., Allegheny Ludlum, North American Stainless and Outokumpu USA, LLC.
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