You are here

Chinese steel faces stiff US tariffs based on subsidies received

BT_20151106_DNSTEEL5_1963410.jpg
Nucor CEO John Ferriola believes the duty will have an impact on Chinese steel shipments.

New York

IMPORTS of some corrosive-resistant steel from China may be taxed as much as 236 per cent based on the level of subsidies they receive, according to a preliminary finding by the US Department of Commerce.

The department found five Chinese exporters including Angang Group

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom