Trade Cases
Australia Reviewing Antidumping Duties on Zinc-Aluminum Steels from China
Written by Sandy Williams
September 14, 2016
Australia has initiated a review of antidumping measures on imports of Aluminum Zinc Coated Steel from China. Jiangyin Zongcheng Steel Co. and Angang Steel Co. applied to the Antidumping Commission to review the import duties assessed on August 5, 2013. Angang Steel currently has AD duties of 5.8 percent and Jiangyin 18.1 percent.
The review will determine if factors determining the antidumping measures have changed and will cover the period July 1, 2015 to June 30, 2016. Depending on the results of the inquiry, the duties will remain unaltered, changed or revoked. The respondents have until October 6, 2016 to request an extension of the review to include revocation.
The investigation covers flat rolled products of iron and non–alloy steel of width equal to or greater than 600mm, plated or coated with aluminum-zinc alloys, not painted whether or not including resin coating. Aluminum-zinc coated steel is called Galvalume in the U.S.
The review is expected to conclude by February 1, 2017.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Leibowitz: The UK trade agreement, a template for future trade deals?
The UK deal may signal relaxation of the heaviest tariffs. The suspension of the reciprocal tariffs greater than 10% - remember, 57 countries were hit with that - ends on July 9. But it could be extended. If more deals like the one with the UK are struck, the suspensions may continue to permit more agreements - relieving global markets of considerable worry.
US, UK reach trade deal that includes Section 232 ‘alternative’
The US and UK governments have announced a trade deal in which an “alternative” to the Section 232 steel and aluminum tariffs will be provided.
US pols urge ‘domestically owned’ steel industry
US Sen. Jim Banks (R-Ohio) and Rep. Frank Mrvan (D-Ind.) have written a letter in support of a “domestically owned and operated American steel industry” being vital to national security.
Leibowitz: Trump takes aim at trade with a tariff ‘punt gun’
The tariffs are intended to produce more investment and jobs in US manufacturing. But first, there will be a cosmic change, potentially wiping out millions of jobs in the short run. While administration officials will no doubt cringe at the comparison, it reminds me of the effort to undercut fossil fuels production to address climate change. Led by Democrats, the effort was to destroy fossil fuels so that renewable energy sources would have more space to grow. The result: inflation and electoral defeat in 2024.
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.