Trade Cases
Update on Flat Rolled and CTL Plate Trade Suits
Written by Sandy Williams
August 9, 2016
We thought now would be a good time to revisit each of the antidumping (AD) and countervailing duty trade suits associated with flat rolled steel or plate to report exactly where each one stands at this time. We are reaching the point where most will be through the entire process with the last step being the ITC (International Trade Commission) final determination. As we have seen, there can be changes as we move through the process and the importer of record is the one on the hook for any changes in duties/cash deposits. (ARTICLE CONTINUES BELOW)
{loadposition reserved_message}
There have been some surprises as we saw late last week with the hot rolled final determination by the U.S. Department of Commerce. Korean steelmaker POSCO was hit with punitive duties because the DOC could not confirm some of the answers to the Commerce questionnaire.
If you have any questions we recommend attending our 6th Steel Summit Conference as Lewis Leibowitz will be addressing the gathering on Monday, August 29th at 3:30 PM. Details about the conference can be found on our website: www.SteelMarketUpdate.com.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.
US and Canada expect positive outcomes from tariff negotiations
Canadian Prime Minister Mark Carney and US President Donald Trump told reporters at the White House on Tuesday that they’ll be formulating a trade deal that works for both nations.
Leibowitz: When the shutdown should end
There is no doubt that the current government shutdown reflects the vast divisions between the extremes of American politics, society, and even geography. Almost all Americans agree that government is necessary, but voters disagree...
Price: The U.S. Steel shutdown that wasn’t and a call to stop ‘valuation cheating’
How can the U.S. government block U.S. Steel’s Granite City rolling mill closure without harming other American steelmakers? Reducing imports should be the first step. Foreign producers continue to aggressively target the U.S. market, especially now as they find themselves displaced by Chinese exports.
US steel industry applauds ITC final determination in coated trade case
Domestic mills praised the US International Trade Commission’s (ITC's) final determination that imports of corrosion-resistant (CORE) steel from 10 countries pose a threat to them.