Chinese steel faces stiff US tariffs based on subsidies received
Fri, Nov 06, 2015 - 5:50 AM
Nucor CEO John Ferriola believes the duty will have an impact on Chinese steel shipments.
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...