U.s. International Trade Commission
Antidumping tariffs will keep China, India and other countries from flooding the U.S. market with hot-rolled steel for at least another five years.
Current tariffs prevent China, India and other countries from dumping hot-rolled steel in the United States, and a bipartisan group of U.S. Senators hope to keep it that way.
A major investigation has been launched into whether foreign steelmakers are dumping subsidized steel in the United States at cut-rate prices.
U.S. Rep. Pete Visclosky, D-Merrillville, and other members of the Congressional Steel Caucus are calling for a crackdown on the illegal dumping of steel that has been subsidized by foreign counties.
In a unanimous 6-to-0 vote Thursday, the U.S. International Trade Commission voted to continue levying duties on circular welded pipe and tube imports from seven countries.
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