Home AboutUs Exhibition
Info
News
Center
Exhibitor
Manual
Cost of
Participation
Floor
Plan
Exhibition
Retrospect
Media
Support
Contact Chinese
 News Type
Exhibition News
Industry News
Company News
Media reports
 New Detail
     
US to impose tariffs on tin mil-金属板材展-线材展-金属加工展-2024第二十四届广州国际金属板材、棒材、线材及金属加工、配套设备展—全球三大金属展之一巨浪展览-THE 24th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
9/11/2023  金属板材展-线材展-金属加工展-plate metal expo-wire expo
---------------------------------------------------------------------------------------------------------------
     WASHINGTON (Reuters) - The U.S. Commerce Department on Thursday said it will impose preliminary anti-dumping duties on tin-plated steel imports from Canada, Germany and China, sparing five other countries in a decision that drew some relief from food can manufacturers that had feared higher tariffs.

The department said the highest preliminary anti-dumping duties of 122.5% will be imposed on tin mill steel imported from China, including the country’s largest producer, Baoshan Iron and Steel.

The department will impose preliminary duties of 7.02% on tin mill imports from German producers, including Thyssenkrupp and 5.29% on imports from Canadian producers, including ArcelorMittal DOFASCO.

No duties will be imposed on the shiny silver metal - widely used in cans for food, paint, aerosol products and other containers - imported from Britain, the Netherlands, South Korea, Taiwan and Turkey, the Commerce Department added.

A Commerce Department official told reporters that producers in Canada, Germany and China were found to be selling tin mill steel at prices below those in their home markets. China’s rates were higher because a lack of cooperation from a major producer in the investigation led to an “adverse inference” determination, while other respondents could not prove that they were independent of the Chinese government, the official added.

The closely watched case was initiated in February after a petition from a single U.S. steelmaker, Cleveland-Cliffs, alleged foreign dumping in the tin-plate sector, which has seen several U.S. production facilities close in recent years.

The Commerce Department in June announced preliminary anti-subsidy duties of 543% on tin mill imports from Baoshan Iron and Steel and 89% on those from all other Chinese producers as part of a separate, parallel investigation.

The other countries cited in Thursday’s decision were not subject to anti-subsidy investigations.

HIGHER COSTS?

The Can Manufacturers Institute, a trade group, argued prior to the decision that because U.S. steelmakers currently produce less than half of the tinplate needed for domestic can manufacturing, any new import duties will lead to higher material costs and food prices at a time when inflation remains elevated.

A bipartisan letter from members of Congress in June also argued that high anti-dumping duties would raise costs for canned packaging for food and aerosol products and could help Chinese producers of canned goods, leading to increased canned food imports from China.

But the duties were significantly less than initially feared. In its initial petition, Cleveland-Cliffs asked the Commerce Department to imposed anti-dumping duties of 79.6% on imports from Canada, 70.2% on Germany, 111.92% on Britain, up to 110.5% on South Korea, up to 296% on the Netherlands, up to 60% on Taiwan and up to 97.2% on Turkey.

In a statement, the Can Manufacturers Institute said it was “thankful” that most of the high duties requested by Cleveland-Cliffs were not imposed.

“We are hopeful the final Commerce determination will eliminate the proposed duties on Canadian and German tin mill steel,” said Robert Budway, the group’s president.

“U.S. tin plate prices already remain the highest in the world due to the 232 tariffs, placing domestic can makers at a competitive disadvantage to foreign imports of unfilled steel cans and foreign filled food products,” Budway said, referring to the “Section 232” tariffs on global steel and aluminum imports first imposed by the Trump administration.

The five countries that escaped duties account for about half of U.S. tin mill steel imports, while China accounts for about 14% and Canada and Germany account for about 30%, the Commerce Department official said.

The tariffs decision was announced less than a week after Cleveland-Cliffs announced a buyout offer of its major competitor in the tin-plate sector, U.S. Steel, an acquisition that would accelerate consolidation among American steel producers. Cleveland-Cliffs Chairman Lourenco Goncalves has repeatedly argued in favor of the need to maintain the 25% “Section 232” national security tariffs on imported steel imposed by the Trump administration.

Cleveland-Cliffs in 2020 acquired AK Steel and ArcelorMittal’s U.S. assets, making it the largest U.S. producer of blast-furnace steel made from iron ore. 金属板材展-线材展-金属加工展-2024第二十四届广州国际金属板材、棒材、线材及金属加工、配套设备展—全球三大金属展之一巨浪展览-THE 24th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION 2024金属板材展,2024金属板材展会,2024金属板材展览会,2024金属板材展会信息,2024广州金属板材展,2024广州金属板材展会,2024 广州金属板材展览会,钢板展,钢板展会,钢板展会信息,2024钢板展会,2024广州钢板展会,彩钢板展,彩钢板展会,彩钢板展览会,2024彩钢板展,2024彩钢板展览会,2024彩钢板展会,2024广州彩钢板展,2024广州彩钢板展会,2024广州彩钢板展览会,2024广东彩钢板展, 2024广东彩钢板展会,2024广东彩钢板展览会,2024中国金属板材展,2024中国金属板材展会,2024中国金属板材展展览会,2024线材展,2024材展会,2024线材展览会,2024广州线材展,2024广州线材展会,2024广东线材展,2024广东线材展会,2024中国线材展,2024中国线材展会,2024线材博览会,2024金属加工展,2024金属加工展会,2024金属加工展览会,2024广州金属加工展,2024广州金属加工展会,2024广东金属加工展,2024广东金属加工展会,2024中国金属加工展,2024中国金属加工展会,2024金属加工博览会-plate metal Industry Exhibition,plate metal expo, 2024 plate metal exhibition, 2024 plate metal expo, China plate metal exhibition, China plate metal expo,plate metal Industry event,plate metal event, 2024 plate metal event, 2024 plate metal event, China plate metal event, China plate metal event,wire Industry Exhibition,wire expo, 2024 wire exhibition, 2024 wire expo, China wire exhibition, China wire expo,wire Industry event,wire event, 2024 wire event, 2024 wire event, China wire event, China wire event

Copyright © 1996-2023  JULANG.COM.CN Stone Rich Sight. All Rights Reserved
Add:Room 3A05-3A06,Building A1,Xinghui Park,Huaming Road 29,Pearl River New City,Guangzhou,510623,China