U.S. says Chinese stainless steel strip, sheet imports being dumped in U.S.
- AT&T (T) to Acquire Time Warner (TWX) for $107.50/Share
- Rockwell Collins (COL) to Acquire B/E Aerospace (BEAV) for $6.4B
- Top 10 News for 10/17 - 10/21: Merger Rumors Abound; CEOs Depart; Tesla Kicks Autopilot Up A Notch
- Wall Street ends little changed; Microsoft hits record
- AT&T (T) in Advanced Talks to Acquire Time Warner (TWX) - DJ
A worker walks past rolls of steel inside the China Steel Corporation factory, in Kaohsiung, southern Taiwan August 26, 2016. REUTERS/Tyrone Siu
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
WASHINGTON (Reuters) - The U.S. Commerce Department on Monday said it had made a preliminary finding that imports of stainless steel sheet and strip from China are being dumped in the U.S. market at below fair value.
The department set preliminary antidumping duties ranging from 63.86 percent and 76.64 percent.
Any final decision to lock in duties would be subject to a finding by the U.S. International Trade Commission that domestic producers had been damaged.
The companies that had sought an investigation are AK Steel Corp, Allegheny Ludlum LLC, ATI Flat Rolled Products, North American Stainless and Outokumpu Stainless USA LLC.
(Writing by Eric Walsh; Editing by Tim Ahmann)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Senate committee on antitrust to 'carefully examine' AT&T-Time Warner deal
- Burundi police question U.S. journalist, keep her fixer in custody
- AT&T-Time Warner deal sparks calls for scrutiny in Washington
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!