The International Trade Commission has refused to support the decision taken earlier by the US Department of Commerce to use anti-dumping sanctions against a Russian enterprise producing and exporting to the US market steel beams, the information service of the US Department of State reports.
According to the service, upon considering the situation on the US steel market the Commission made a conclusion that despite statements by the US Department of Commerce the delivery of Russian steel beams "neither hampers nor threatens the US industry." This past May the US Department of Commerce accused the Nizhny Tagil metallurgic works of delivering to the US steel beams on dumping prices. Back then the department claimed it was necessary therefor to introduce import tariffs of 230.6% as anti-dumping sanctions against the Nizhny Tagil produce.
According to the US anti-dumping procedures, the decision by the Department of Commerce could come into force only if it was supported by the International Trade Commission, which under the circumstances failed to find the Department's arguments well-grounded.
Simultaneously, the US Department of Commerce proposed introducing analogous sanctions related to steel beams against another 7 countries, including Germany, China, Italy, Luxembourg, South Africa, Spain and Taiwan.
The International Trade Commission declared that the deliveries of steel beams from all these countries pose no threat to the US market.
The choice of the city of Helsinki is not incidental as the capital of Finland had hosted US-Soviet negotiations on the limitation of nuclear stockpiles in 1969