Trade Cases
ITC Issues Final Injury Determinations on CTL Plate and Stainless Steel Sheet/Strip from China
Written by Sandy Williams
March 4, 2017
The U.S. International Trade Commission issued two new final determinations on Wednesday related to imports of steel products from China.
The ITC determined that the U.S. industry is materially injured by the imports of carbon and alloy steel cut-to-length plate from China. Countervailing subsidy rates of 251.00% and antidumping margins of 68.2 percent will be issued by Commerce.
The petitioners in the CTL plate investigation were ArcelorMittal USA, Nucor, and SSAB.
The ITC also found injury to domestic steel makers by the import of stainless steel sheet and strip from China. Countervailing subsidy rates of 190.71 percent and 74.60 will be issued by Commerce as well as antidumping margins of 63.86 and 74.64 percent.
The petitioners in the stainless steel investigation were AK Steel, Allegheny Ludlum, ATI , North American Stainless and Outokumpu Stainless USA.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Price on Trade: IEEPA tariffs head to the Supreme Court, DOJ ramps up trade enforcement
International trade law and policy remain a hot topic in Washington and beyond this week. We are paying special attention to the ongoing litigation of the president’s tariff policies and the administration’s efforts to heighten trade enforcement.
Mexico considers stiff tariffs for steel, autos, and other imports
Mexico is considering imposing steep tariffs on imports of steel, automobiles, and over 1,400 other products. Its target? Countries with which it does not have free trade agreements, mainly China, India, Thailand, and other South Asian nations.
Leibowitz: With ‘reciprocal’ tariffs struck down again in court, what happens next?
President Trump’s “reciprocal” tariffs under the International Emergency Economic Policy Act (IEEPA) were struck down again, this time on Aug. 29 by the Court of Appeals for the Federal Circuit (CAFC). The legal and policy mess continues, with the next stop being the US Supreme Court.
Market unfazed by US circuit court’s IEEPA decision
Repealing any reciprocal tariffs placed by President Donald Trump on US imports of direct reduced iron (DRI), iron ore, hot-briquetted iron (HBI), and pig iron would have only a nominal impact on the US steel market, market participants said.
ITC votes to keep HR duties after sunset review
The US government determined this week that hot-rolled steel imports from a handful of countries continue to threaten the domestic steel industry.