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The U.S. Plan to Tax Imported Chinese Steel

Well-known Chinese news site Sina recently reported that the U.S. International Trade Commission (ITC) confirmed that carbon and alloy steel imported from China unfairly damaged the U.S. domestic steel industry. It will therefore tax these imports with anti-dumping and countervailing duties. The ITC vote was the final step in the process of approving these punishments. The Chinese steel exporters include three steel manufacturers (Benxi Steel, Rizhao Steel, and Hualing Xiangtan Steel) and an international trade company (Jiangsu Shagang). The ITC ruling was based on complaints filed by ArcelorMittal (USA), Charter Steel, Evraz Pueblo, Gerdau Ameristeel, Keystone Consolidated Industries, and Nucor. 
Source: Sina, December 16, 2014