Anti-dumping decision from the USA against South Korean TCC Steel

The U.S. Department of Commerce has found several companies from Canada, China, Germany and Korea guilty of unfair competition in the pricing of tin-plated rolling products often used to produce food cans and a variety of other products.

In addition, the Ministry of Commerce determined the tax rates applied to products coming from these countries. Tin-plated rolling products from China were subject to a significant dumping duty of 122.52 percent. A tax of 5.27 percent will be applied to Canada, 6.88 percent to Germany and 2.69 percent to South Korea.

Interestingly, South Korea was not initially included in the investigation in the preliminary ruling made in August. However, in the final decision, the country's TCC Steel faced a 2.69 percent tax.

The Ministry of Commerce announced that the Korean company made changes to the materials after the preliminary decision, and this also caused changes in the dumping calculations made by the ministry.