Brazil hit with preliminary duty margins in US hot rolled case

The US Commerce Department has slapped preliminary countervailing duty margins on hot rolled coil from Brazil but spared South Korea and Turkey.

Brazilian producers, including Cia Siderúrgica Nacional and Usinas Siderúrgicas de Minas Gerais SA, will face duties of 7.42%, the department said on Monday January 11. The Commerce Department has additionally determined that critical circumstances exist for certain producers and exporters in Brazil, so they will...

Published

January 12, 2016

10:16 GMT

Chicago