The US has levied antidumping duties (AD) on seven Spanish companies exporting carbon steel flanges after an investigation revealed they were selling them at less than fair value.
In a notice published by the US Department of Commerce on Friday, the agency said it was preliminarily imposing an AD of 1.03pc on these companies for steel flanges shipments from June 1, 2018, to May 31, 2019, the period of review (POR) for the probe.
The Spanish companies subject to AD include, ULMA Forja, Ateaciones De Metales Sinterizados, Central Y Almacenes, Farina Group, Friedrich Geldbach, Grupo Cunado, Transglory, and Tubacero.
Commerce invited interested parties, including the companies that were investigated, to comment or file a rebuttal on the preliminary results after which, it would publish the final duties to be levied on these companies and other Spanish exporters who shipped the material to the US.
Once the final results are published, the agency will instruct US Customs and Border Protection to assess AD duties on all steel flanges imported from Spain during the POR.