The 2020 Mid-Year Economic Update_long

Commerce Dept: Duties on Nails for Chinese, UAE Producers

The U.S. Department of Commerce announced its preliminary findings in the antidumping duty investigations on imports of steel nails from China and the United Arab Emirates. Commerce determined that Chinese and UAE producers/exporters will pay from 20.77% to 118.04% and 4.47 percent in duties.
 
Dumping occurs when a foreign company sells a product in the U.S. at less than fair value. Final approval of duties should occur by mid-summer.
 
The merchandise covered by these investigations is steel nails of up to 12 inches. Nails that are subject to these investigations have a variety of finishes, heads, shanks, points, and sizes.
 
Mid Continent Nail Corporation (MO); Davis Wire Corporation (CA); Gerdau Ameristeel Corporation (Atlas Steel &Wire Division) (FL); ...

The U.S. Department of Commerce announced its preliminary findings in the antidumping duty investigations on imports of steel nails from China and the United Arab Emirates. Commerce determined that Chinese and UAE producers/exporters will pay from 20.77% to 118.04% and 4.47 percent in duties.
 
Dumping occurs when a foreign company sells a product in the U.S. at less than fair value. Final approval of duties should occur by mid-summer.
 
The merchandise covered by these investigations is steel nails of up to 12 inches. Nails that are subject to these investigations have a variety of finishes, heads, shanks, points, and sizes.
 
Mid Continent Nail Corporation (MO); Davis Wire Corporation (CA); Gerdau Ameristeel Corporation (Atlas Steel &Wire Division) (FL); Maze Nails (Division of W.H. Maze Company) (IL); Treasure Coast Fasteners, Inc. (FL); and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (PA) were the petitioners for these investigations.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com