Commerce Sets Final Margins On Cold-Rolled Steel From Japan, China

The Commerce Department has used adverse facts available to set final dumping margins on cold-rolled steel from China and Japan because the respondent companies failed to participate in the investigations. This resulted in double-digit margins for Japanese exporters and triple-digit margins for Chinese exporters that one steel industry source called prohibitively high. Commerce set the final antidumping duties issued on Tuesday (May 17) for two individually investigated Japanese exporter at 71.35 percent ad valorem, and set the same rate for...