The U.S. has set preliminary antidumping duties of up to 48 percent on steel products from South Korea.
 
The U.S. Commerce Department said Thursday that it made a preliminary decision to impose antidumping duties on cold-rolled steel pipes imported from South Korea, Germany, China, Switzerland, India and Italy.
 
It said those countries are exporting the products at lower-than-fair prices of five-point-one percent to more than 209 percent.
 
The preliminary duties slapped on South Korean firms ranged from five-point-one percent to 48 percent.
 
The U.S. department plans to make a final decision on April third.