Duties on Mexican and Chinese imported steel goods
The U.S. Department of Commerce recently issued 31% tariffs on structural steel imports from Mexico and 141% tariffs on steel from China.
U.S. officials made a determination that producers in both Mexico and China had dumped fabricated structural steel on the U.S. market at prices below fair market value, hurting the U.S. steel industry.
“The Department of Commerce announced its affirmative preliminary determinations in the anti-dumping duty investigations of imports of certain fabricated structural steel from China and Mexico,” according to a recent release from U.S. Commerce.
The U.S. imported $622.4 million in fabricated structural steel from Mexico in 2018 and $897.5 million from China.
Structural steel includes items such as I-beams, rods, joists, girders, columns plates and flanges for assembly into structures like buildings, parking decks, hospitals, stadiums and ports.
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