Trade Cases

ITC Finds Injury in Final Determination on Hot Rolled Coil
Written by Sandy Williams
September 13, 2016
The U.S. International Trade Commission announced its AD/CVD determinations on Monday in the investigation of imports of hot-rolled steel flat products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the U.K.
A final determination of injury was found by the ITC in the antidumping investigation of imports from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom. Antidumping duty orders will be issued on imports from these countries.
In the CVD investigation concerning subsidization, the ITC voted in the affirmative on imports from Brazil and Korea and found that the imports subsidization from Turkey was negligible. Countervailing duties will be issued on imports from Brazil and Korea but not Turkey.
In addition, no critical circumstances were found in regards to imports of the hot-rolled flat steel from Brazil and Japan so duties will not be retroactive to Commerce’s affirmative preliminary determinations.
The AD/CVD duties will be applied as follows:

Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.

Price: Is It Nippon Steel USA or a partnership? And what does that mean for imports?
The document makes clear that Nippon Steel, through Nippon Steel America, will have “100% ownership of [the] common stock.” So if you want to own an interest in U.S. Steel’s future success, you will need to buy shares in Nippon Steel on the Nikkei stock exchange. It certainly will not be in your domestic S&P 500 ETF.

CSPA, USW say Canadian government’s steel action ‘falls short’
CSPA, USW disappointed in Canadian government's actions on steel.

Canada, mirroring the US, plans to take harder line on imported steel and aluminum
The actions, which includes tariffs, are necessary to protect the Canadian market from global overcapacity. They are also needed because other countries have redirected material to Canada as a result of higher US tariffs, Carney said.

Industry cautiously optimistic despite lack of steel specifics in US-UK trade deal
Details of a new tariff-rate quota on US imports of British steel are lacking in the new US-UK trade deal.