US not to levy antidumping duties on Chinese steel wheels
Updated: 2012-04-18 10:24
WASHINGTON - The United States decided Tuesday that it would not impose antidumping duties (AD) or countervailing duties (CVD) against imports of steel wheels from China.
As a result of the USITC's negative determination, no AD or CVD orders will be issued on these products from China.
The US Commerce Department last month claimed that these products had been sold in the United States at dumping margins ranging from 44.96 percent to 193.54 percent, and they also had received countervailable subsidies between 25.66 percent and 38.32 percent.
In 2011, imports of steel wheels from China were valued at an estimated 84.2 million US dollars, according to the Commerce Department.