Prices
July 13, 2014
The Filing of an Anti-Dumping or Countervailing Duty Trade Case
Written by David Phelps
The final determination on oil country tubular goods (OCTG) was released on Friday afternoon (Friday, July 11, 2014). The steel industry believes that a positive ruling in favor of the domestic steel industry will prompt a new round of dumping cases aimed at flat rolled products – specifically cold rolled, galvanized and Galvalume. However, these are just rumors and no one is quite sure an anti-dumping or countervailing duty filing will be made. But, the expectation is if one is made it will be soon. Steel Market Update asked David Phelps, former president of the American Institute for International Steel (AIIS) and one of our contributing writers to help explain what is dumping and how do the US Department of Commerce and the ITC fit in the process? Mr. Phelps represented the importers for many years and he has a specific point of view on the subject – any opinions presented in the following article are those of Mr. Phelps. However, he does provide an overview which is important to understand should there be new trade cases in the near future. John Packard, Publisher, Steel Market Update.
Steel Market Update will host a panel with attorneys representing both sides – the steel mills and the consumer – at our Steel Summit Conference in Atlanta on September 3 & 4. One of the attorney’s, Roger Schagrin of Schagrin Associates was one of the lead attorneys for the steel mills.
