The U.S. Commerce Department has found that several companies violated anti-dumping law over cold rolled steel flat products, issuing preliminary findings in its probe of seven countries accused of distorting the market with artificially low prices.
The department's International Trade Administration, in a fact sheet released on Tuesday, said a half-dozen U.S. steel companies had requested the investigation into certain steel products from Brazil, China, India, Japan, Korea, Russia, and the United Kingdom.
In its findings, the department said several foreign steel companies did not respond to its requests for information.
Still, it issued preliminary dumping margins in the case, with the following margins applicable to most exporters from the listed countries:
*Brazil: 38.93 percent
*China: 265.79 percent
*India: 6.78 percent
*Japan: 71.35 percent
*Korea: 4.53 percent
*Russia: 14.76 percent
*UK: 28.03 percent
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