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
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.
SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.
Nucor spot HR list price unchanged at $875/ton
Nucor kept its weekly list price for hot-rolled (HR) coil unchanged this week, following a price bump of $10 per short ton (st) last week.
SMU price ranges: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.