US DOC finds dumping of Chinese steel wheels

The US Department of Commerce (DOC) has announced affirmative final determinations in the anti-dumping and countervailing cases of steel wheels from China, Kallanish reports.

The DOC has set China's dumping margins at 38.2-44.4%, while its subsidy margins are 386.5-388.3%. 

In 2017, US imports of steel wheels from China were valued at an estimated $73.8 million.

Commerce preliminarily determined a dumping margin of 38.27% for Changzhou Chungang Machinery Co Ltd, which is eligible for a separate rate.

Commerce also assigned a subsidy rate of 388.3% for Zhejiang Jingu Company Limited and a preliminary subsidy rate of 386.4% for respondent Xingmin Intelligent Transportation Systems, which withdrew its participation from the investigation.

The preliminary subsidy rate for all other Chinese producers and exporters is 387.4%, which is based on the preliminary subsidy rate assigned to Zhejiang Jingu.