WASHINGTON May 5 The U.S. Commerce Department
on Monday set preliminary duties on imports of grain-oriented
electrical steel from countries including Japan, the Czech
Republic and Germany, after finding the goods were being sold in
the United States too cheaply.
The steel, mainly used in large and medium-sized electrical
power transformers, will face duties of up to 242 percent after
a complaint about products from seven countries by AK Steel Corp
, Allegheny Ludlum Corp (IPO-ALGL.N) and the United
Imports from Japan, which totaled $41.1 million in 2013,
will face dumping margins of 93.4 percent, except for those from
Nippon Steel & Sumitomo Metal Corporation and JFE Steel
Corporation, which will face margins of 172.3
Under the preliminary ruling, imports from the Czech
Republic, worth $9.2 million in 2013, will face margins of 11.45
percent or less. The highest dumping margin, 241.9 percent, will
be levied on imports from Germany's ThyssenKrupp Electrical
Steel, a division of Thyssenkrup AG. Other German
imports face a margin of 133.7 percent.
For details of the ruling on imports from China, South
Korea, Poland and Russia, please see:
The decision is subject to determinations by the U.S.
International Trade Commission and a final Commerce ruling, all
due later this year.
(Reporting by Krista Hughes; Editing by Tom Brown)