Tariffs on Tin Mill Steel from Canada, China, and Germany to be Imposed by US

Tariffs on Tin Mill Steel from Canada, China, and Germany to be Imposed by US

WASHINGTON, Aug 17 (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 (TKAG.DE)
and 5.29% on ​imports from Canadian producers, including ArcelorMittal DOFASCO (MT.LU).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 (CLF.N), ⁢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…

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