US to impose tariffs on tin mill steel from Canada, China, Germany
By David Lawder
WASHINGTON (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 (ETR:TKAG) and 5.29% on imports from Canadian producers, including ArcelorMittal (NYSE:MT) DOFASCO.
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 (NYSE:CLF), 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
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