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22 Jun
21:26

Cleveland-Cliffs lauds US Commerce’s tin mill determination

US steelmaker Cleveland-Cliffs, which had voiced concerns regarding trade policy, publicly applauded the US Department of Commerce’s determination on Chinese tin mill products, Kallanish reports. Jingtang Iron and Steel and Baoshan Iron and Steel both received countervailable subsidies from China, Commerce determined. Jingtang and all other exporters were assigned a subsidy rate of 89.02%. Baoshan’s rate is 542.55%. The producers are required to pay ca…
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