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Feds to impose tariffs of up to 59 percent on steel tubing

by Northwest Indiana Times, July 20, 2016

The U.S. Department of Commerce is looking at slapping tariffs of up to 59 percent on heavy walled structural tubing steel from Korea, Mexico and Turkey.

U.S. steelmakers had sought tariffs on the steel products that are used in oil exploration and energy production, and often shaped from flat-rolled metal from Northwest Indiana steel mills.

They won anti-dumping duties that range between 2.34 percent and 35.66 percent on imports from various steelmakers from Korea, Mexico and Turkey. Those are meant to offset the difference between what the foreign steel companies sold steel for in their home countries and the cut-rate discount they sold it for in the United States.

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