The US Department of Commerce will announce a new anti-dumping investigation on Tuesday to determine whether the price of fabricated structural steel imported from Canada, China and Mexico is below reasonable value.
Some US lawmakers, automakers, and the governments of Canada and Mexico have strongly urged the Trump government to lift national security tariffs on imported steel and aluminum. Earlier, the US and Mexico announced an agreement last year to amend the North American Free Trade Agreement.
The survey involved prefabricated steel structures for large-scale construction projects, including commercial, office and residential buildings, theaters, convention centers, parking lots and ports.
The Commerce Department told lawmakers on Tuesday that the new investigation was based on a petition filed by a US steel industry organization earlier this month.
It is estimated that the US prefabricated steel structures imported from Canada, China and Mexico in 2017 were worth 658.3 million, 841.7 million and 406.6 million respectively. The US International Trade Commission (ITC) will announce its preliminary ruling on the issue by March 21.
The Canadian Institute of Steel Construction said that the US industry organization’s complaint stated that “the sale of products imported from Canada is unfair and causes losses to US prefabricated steel products manufacturers. This is unfounded. “