Steel Mills
Canada Tribunal Finds Threat from Imported Steel Plate
Written by Sandy Williams
May 22, 2014
The Canadian International Trade Tribunal has decided that imports of hot-rolled carbon steel plate from six countries “has not caused but is threatening to cause injury to the domestic industry.” The complaint was issued by Essar Steel Algoma against plate steel originating in or exported from Brazil, Denmark, Indonesia, Italy, Japan and the Republic of Korea.
As a result of the finding, anti-dumping duties will be collected by the Canada Border Services Agency.
“We are gratified by the Tribunal’s recognition of dumping in the Canadian marketplace and we appreciate the actions they have taken to prevent injury and ensure fair trade practices are upheld,” said Kalyan Ghosh, CEO, Essar Steel Algoma Inc. “This finding is particularly important in light of the rise in low-priced plate imports we are now seeing from other sources.”
The Tribunal will issue the reasons for its findings on June 4, 2014.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Trump says US government to control 51% share in USS
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.
ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.
USS, Nippon Steel quiet as litigation deadline approaches
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.
AISI: April mill shipments fall, sheet down YTD
US steel mills saw a decline in shipments from March to April.
Hybar rolls first rebar, ramping up Arkansas mill commissioning
The startup steelmaker produced its first rebar at its greenfield steel mill in Osceola, Ark., marking a key milestone by completing construction in 22 months.