Final Thoughts

September 18, 2015

As we have mentioned in a recent article, there has been an intentional change in the scope language associated with the cold rolled and hot rolled antidumping and countervailing duty suits. The change in the language appears to add parts that are not part of Chapter 72 of the Harmonized Code (iron and steel). Of concern to manufacturing companies is that the scope language may include some manufactured parts that were previously not included.

We received a copy of the petitioners (steel mills) responses to comments made to the U.S. Department of Commerce regarding the changes to the scope comments. The domestic steel industry asked that the US DOC ignore the comments and not to allow any exclusions to the cold rolled suit.

We will have much more detail about the scope language and how it could impact manufacturing companies, service centers and even some steel mills when we get into the hot rolled case.

This subject will also be covered in depth at our new Leadership Summit Conference which will be held in Palm Beach Gardens, Florida in early March. We will have more about this new conference intended for corporate executives in future issues of this newsletter and on our website. I will tell you that the idea behind the conference is to go into more depth in a few subject areas to the point where the attendees have actionable information that they can take back to their offices. This is not for everyone and we are going to limit attendance so that each person can receive as much one on one information, responses to questions, etc.

For those of you who may have been debating about attending a Steel 101: Introduction to Steel Making & Market Fundamentals workshop we still have seats available for our October 6-7th workshop in Davenport, Iowa. We will be touring the SSAB mini-mill. Information is on our website or you can contact our office: 800-432-3475 or info@SteelMarketUpdate.com