The Commerce Dept. has set tariffs—in some cases, at levels more than 200%—on imports of steel reinforcing bar from Japan and Turkey, determining that those products have been sold in the U.S. at “unfair prices.”
Commerce said on May 16 that Japanese rebar had been dumped in the U.S. at prices ranging from 206% to 209% less than fair value. The department said rebar from Turkey was sold at 5% to 8% below fair value and also received what it termed unfair government subsidies of about 16%.