China's Ministry of Commerce (MOC) has issued its final decision to impose formal antidumping (AD) duties and countervailing duties (CVDs) on grain-oriented (GO) silicon steel imported from the US effective from August 1, 2013.
On June 14 this year, China's MOC initiated its antidumping and countervailing investigation of grain-oriented silicon steel from the US. The products in question are classified under Harmonized System Code Numbers 72251100 and 72261100.
In its investigation, the MOC found that grain-oriented silicon steel imported from the US has caused material injury to the Chinese grain-oriented silicon steel sector and so decided to impose antidumping duties and countervailing duties on the products in question as of August 1 of the current year.
The dumping margins are as follows:
a. AK Steel Corporation - 7.8%
b. Allegheny Ludlum Corporation - 19.9%
c. All others - 13.8%
The countervailing duties are as follows:
a. AK Steel Corporation - 3.4%
b. Allegheny Ludlum Corporation - 3.4%
c. All others - 3.4%
