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U.S. hits Vietnam with steel duties

Published 12/06/2017, 02:14 AM
© Reuters.  U.S. hits Vietnam with steel duties
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  • The U.S. Commerce Department has slapped huge import duties on steel products from Vietnam that originated in China after finding that they evaded U.S. anti-dumping and anti-subsidy orders.
  • The decision marks a victory for U.S. steelmakers, who won steep duties against Chinese steel in 2015 and 2016 only to see shipments flood in from elsewhere.
  • Related tickers: MT, NUE, AKS, X
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