Ministry of Commerce of the United States abolished the anti-dumping duties on goods produced from Korean cold-rolled steel. It is reported by South Korean news Agency Yonhap, citing industry sources.
Recommended:
Duties were imposed in may on the products of the largest producers POSCO and Hyundai Steel, which had to pay an additional 2.68% of and 36,59% of the value of the goods respectively. Restrictive measures have been determined, according to Washington, unreasonably low sales price that represents unfair competition. Also, it is reported that 20% of Hyundai Steel and Nexteel was reduced duties on pipes of an oil assortment (OCTG).
