May 10, 2018 / 3:26 PM / 2 months ago

U.S. producers hurt by Chinese steel wheel imports - trade panel

WASHINGTON (Reuters) - The U.S. International Trade Commission said on Thursday it had made a preliminary finding that U.S. producers were being harmed by imports of steel automotive wheels from China.

Workers pack cold rolled steel coil at a steel company in Zhangjiagang, Jiangsu province, China April 27, 2018. REUTERS/Muyu Xu/Files

The decision follows an announcement last month by the U.S. Commerce Department that it had opened an investigation to determine if certain steel wheels from China are dumped in the United States and whether producers in China are receiving unfair subsidies.

The department opened the investigation based on complaints by Accuride Corp and Maxion Wheels Akron LLC. The alleged dumping margins ranged from 12.1 percent to 231.7 percent, and U.S. imports of the products from China in 2017 were estimated to total $388 million, it said.

The ITC finding that U.S. industry is harmed by the imports keeps the investigation alive.

Reporting by Eric Walsh and Makini Brice; Editing by Tim Ahmann and Jeffrey Benkoe

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