Steel Products Prices North America
US ITC to Continue Tariffs on Japanese Pipe
Written by John Packard
September 15, 2013
The U.S. International Trade Commission determined on September 12 to continue trade restraints on welded large diameter pipe from Japan following a second five-year sunset review. The dumping margin is set at 30.80 pct.
It was determined that revoking the existing antidumping duty order “would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.”
The original ruling in December 2001 determined that the pipes from Japan, used in pipelines for oil or natural gas, were sold at less than fair value. In the first sunset review in 2007, the ITC voted to maintain the tariffs on the pipe products.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.
Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.
Cliffs raises prices, seeks $950/ton for July spot HR
Cleveland-Cliffs plans to increase prices for hot-rolled (HR) coil to $950 per short ton (st) with the opening of its July spot order book. The Cleveland-based steelmaker said the price hike was effective immediately in a letter to customers dated Monday.
HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.
SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.