On January 5, 2024, the U.S. Commerce Department ended its investigation and found that Canadian, Chinese, German, and South Korean tin mill products are dumped in the U.S. Chinese tin mill imports are subsidized. Reflective silver tin mill products are used in food, paint, and aerosol cans.
Final Duties Imposed: US Sets Varied Anti-Dumping Penalties on Global Tin Mill Steel Imports
The Commerce Department said Dutch, Taiwanese, Turkish, and UK tin mill products are not dumped. In August, the agency levied provisional anti-dumping penalties on Canadian, German, and Chinese tin-plated steel imports. Cleveland-Cliffs and the United Steelworkers union wanted double-digit and triple-digit duties in their Commerce probe petition a year earlier, but the ultimate duties are far lower.
The Commerce Department has assessed the highest final anti-dumping taxes at 122.5% for Chinese tin mill steel. Countervailing anti-subsidy duties of 650% are imposed on Baoshan Iron and Steel Co Ltd’s tin mill products and 331.9% on all other Chinese steelmakers.
The ultimate anti-dumping duties for ThyssenKrupp Rasselstein and other German manufacturers are 6.88%, while ArcelorMittal Dofasco and other Canadian producers face 5.27%.
South Korean Steel Faces 2.69% Anti-Dumping Taxes as Canada Expresses Disappointment
KG Dongbu Steel, from South Korea, now pays 2.69% in anti-dumping taxes. Canada voiced disappointment, saying the taxes damage supply networks and increase inflation on both sides of the border. Canada’s trade minister, Mary Ng, pledged to protect the steel industry and its workers.
The Commerce Department upheld its earlier determinations that Dutch, Taiwanese, Turkish, and British tin-plate steel was not dumped. Packaging relies on imported tin mill steel because the U.S. produces less than half of its needs.
American producers must suffer material injury from dumping determinations for the duties to continue in effect, according to the U.S. International Trade Commission. We’re expecting this key vote in weeks.