U.S. Sets Preliminary Duties on Steel Threaded Rods from India
February 12, 2014 3:13 PM EST
The U.S. Commerce Department said on Tuesday it had set preliminary duties of up to 120 percent on imports of steel threaded rods from India.
Employees work at the production line inside Hallmark steel factory in Bhiwadi in Rajasthan September 30, 2013.
The department said the rods, which have threaded grooves, had been "dumped" in the U.S. market at prices 8.63 percent to 119.87 percent below fair market value.
In 2013, imports of steel threaded rods from India were valued at an estimated $19 million, the department said.
A final decision on duties is expected by July and is also subject to a ruling by the U.S. International Trade Commission on whether the imports injure, or threaten injury to, domestic producers.
The United States on Monday launched a challenge to domestic content requirements in India's solar program, saying they discriminated against U.S. companies.
Most Popular Slideshows
- 2014 MLB World Series Game 1: San Francisco Giants 7, Kansas City Royals 1 [PHOTOS]
- 2014 MLB World Series - Game 2: Kansas City Royals 7, San Francisco Giants 2 [PHOTOS]
- NFL Thursday Recap - Denver Broncos 35, San Diego Chargers 21: Peyton Manning Has 3 TDs In Easy Win [PHOTOS]
- 2014 MLB World Series Game 3: Kansas City Royals 3, San Francisco Giants 2 [PHOTOS]
Join the Conversation
- Six English Words Which Originated From Arabic
- ISIS Educates Young Children in 'School of Jihad,' Deploys Them in Active Combat After Graduation [VIDEO]
- Robots May Be Used to Fight Ebola in West Africa; Australian PM Admits US, UK Asked For Medical Teams
- Decades-Long Mystery of Oklahoma Lake Solved, Missing Six Bodies Identified
- Belgium Chocolate Maker ISIS Forced To Change Brand Name To Escape Customer Fury
- Xiaomi Redmi 1S vs. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- Verizon Motorola Droid Turbo Leaked Live Images Surfaces, Scheduled To Get Unveiled On Oct 28
- Update HTC One M7 with LG G2 with Android 4.4.2 as Sprint OTA: Fixes and Installation
- U.S. Targets Buyers of ISIS Oil, Threatens Sanctions
- ISIS Syria Airstrike Bombing Has Killed 550 People, Civilians Included
- Russia Blocking OSCE Monitoring Of Its Border With Ukraine
- Russia Slams US 'Double Standards' In The Fight Against ISIS