UK Partially Suspends AD on Hot-Rolled Steel Imports From Iran, Russia

The U.K.'s Department for International Trade in an Aug. 2 notice suspended the antidumping duties on hot-rolled flat iron, non-alloy or other alloy steel goods from Iran or Russia, where those products are subject to the tariff-rate quota on steel goods. The effect is that antidumping duties will be charged on items until the import quota is exceeded. After that, only a portion of the AD exceeding the safeguard duty is charged, the notice said. The duties range from 5.3% to 33% for Russian companies, and are 17.9% for Iranian companies.