Trade Cases
Plate Dumping Suit Imminent
Written by John Packard
April 3, 2016
According to ArcelorMittal USA comments made during the Association of Steel Distributors meeting over the weekend which SMU attended, a trade case on steel plate imports will be filed within the next few weeks. ArcelorMittal along with Nucor and SSAB have been working on the documentation for an extended period of time and our understanding is that work has been completed by the mill attorneys and the next step should be the filing.
When asked what countries were involved we were told “similar names as the light flat rolled cases” which means countries like Turkey, Korea and China would most likely be included.
We took a look at plate imports over the past few years to see what countries might be involved. When dealing with plate you have both plate in coils as well as cut to length plate to consider. We are showing the top five or six exporting countries for each (coil & cut to length) for your review.
With the addition of a plate trade case all of the sheet and plate products will have been hit by the domestic steel mills. In 2015 trade cases were filed on corrosion resistant (galvanized/Galvalume), cold rolled and hot rolled steels. All of those cases have gone through the preliminary determination process and are waiting on final determinations from both the US Department of Commerce and the International Trade Commission (ITC).
John Packard
Read more from John PackardLatest in Trade Cases
Price: Expect new trade shocks as Trump’s ‘reciprocal’ tariff negotiations continue
President Trump cast a wide net with the proposed, reciprocal tariffs. The negotiating stage will be critical to determining the success of his strategy. And for those suffering tariff whiplash, don’t expect the pace of change to slow down just because the reciprocal tariffs are entering a negotiating phase.
SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.
CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America
Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]
Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.