24
May
15:39
AISI supports DOC rules for countervailing duties
The American Iron and Steel Institute (AISI) has endorsed the US Department of Commerce’s (DOC) proposed decision to impose countervailing duties on countries that undervalue their currency with the intent to subsidise exports.
“We applaud today’s strong and forceful action by the Commerce Department to penalize those countries that engage in the unfair trade practice of manipulating the value of their currencies to benefit their own exporters …
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Anonymous
Very good overview of the weekly steel market.
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