The investigation was initiated following a petition lodged by the local steelmaker Gerdau Metaldom.

The products subject to investigation currently fall under Customs Tariff Statistics Position Numbers 7214.10.00, 7214.20.00, 7214.30.00, 7214.91.00 and 7214.99.00.

1. A global 24 percent tariff on all steel imports from all countries.
2. A tariff of at least 53 percent on steel imports from Brazil, China, Costa Rica, Egypt, India, Malaysia, Korea, Russia, South Africa, Thailand, Turkey and Vietnam.
3. A quota on all steel products from the aforementioned countries equal to 63 percent of their exports to the US in 2017. All other countries could export 100 percent of their 2017 export levels to the US, but would still be subject to tariffs.

Additionally, if implemented, the tariff or quota options would be in addition to any duties already in place.

The US DOC also recommends a process be put in place to allow US companies to request exclusions from specific steel products if the US steel industry lacks sufficient domestic capacity to replace the imports, or for national security reasons. Any exclusions granted result in changed tariffs or quotas for the remaining products to maintain the overall effect.

President Trump has until April 11 to make a decision.

The US DOC expects each of these remedies to increase US domestic steel production from its current capacity utilization rate of 73 percent to 80 percent.