US sets food can steel dumping duties
The U.S. Commerce Department announced that tin mill products being imported from Canada, China, Germany, and South Korea are being unfairly priced, i.e. dumped, on the market in the country.
Tin mill products include cans for food, paint, aerosol products and other containers.
However, it determined that products from the Netherlands, Taiwan, Turkey and the United Kingdom are not being dumped.
A statement read: “Commerce’s antidumping and countervailing duty (AD/CVD) cases investigate the behaviour of and seek to hold foreign producers accountable for their unfair trade practices.
“These findings demonstrate that Commerce took a careful and nuanced approach based on the particular circumstances presented by each company and the governing provisions of U.S. law.
“This determination underscores Commerce’s commitment to remedying unfair trade practices, to which U.S. workers, companies, and farmers are entitled under U.S. law.”
The US Commerce Department said 122.5% anti-dumping duties would be imposed on tin mill steel imported from China.
German producers were slapped with final anti-dumping duties of 6.88%, while Canada’s were hit with final anti-dumping duties of 5.27%
South Korea ’s KG Dongbu received an anti-dumping rate of 2.69%.
“These duties not only weaken supply chains between Canada and the United States, but also worsen the impacts of inflation on both sides of the border,” Canada’s trade minister, Mary Ng, said in a statement. “Canada will continue to defend the interests of the Canadian steel industry and its workers.”
The Consumer Brands Association then issued a statement that read: “The Department of Commerce’s final duty levels on imports of tin mill steel products largely reject incredulous claims from Cleveland-Cliffs that would have significantly hurt consumers and domestic manufacturing jobs.
“While we are disappointed to see any level of suggested duties on tin mill steel from ally countries like Germany, Canada and South Korea, we appreciate Commerce’s determination of no evidence of dumping from the Netherlands, Taiwan, Turkey and the United Kingdom.
“The extremely low duties suggested for Germany, Canada and South Korea differ markedly from the extraordinarily high levels requested by Cleveland-Cliffs, underscoring how the company incorrectly sought unsubstantiated tariffs at the expense of other U.S. manufacturers and consumers.”