Corporation released a statement today, following the U.S. Department of
Commerce’s preliminary finding that imports of Chinese steel finished in
Vietnam are attempts at circumvention and covered by U.S. antidumping and
countervailing duty orders on imports from China.
As a result of that
preliminary finding, U.S. importers of cold-rolled and galvanized steel from
Vietnam must make cash deposits equal to the applicable duties.
Department’s finding of circumvention represents a critical step to shutting
down one of the many paths used to flood the U.S. with dumped and subsidized
steel,” U.S. Steel said. “This decision presents an encouraging sign for the
steel industry and should put other countries and companies on notice that
their cheating will no longer be tolerated. We urge Secretary Ross and
President Trump to continue to aggressively crack down on unfairly traded
steel imports, including immediate and broad action in the Section 232
investigation on steel imports and national security.”