US launch AD duty on steel nail from UAE
It's reported that the US Department of Commerce (DOC) announced the results of the antidumping investigation against steel nail from the UAE.
The DOC determined that the product has caused substantial damage to the US domestic industry, and the dumping margin is 2.80%~184.41%. The US International Trade Commission (ITC) supports this ruling.
According to statistics, the US’s import values generated by the steel nails from the UAE surged to US$120 million in 2011 from US$50 million in 2009; moreover, the volumes soared by 72% to 100,000 tons.
News Date 10 May 2012 11:59:56 reported by Susan Ni