Trade Cases
Commerce Imposes Dumping Margins on CTL Plate from 8 Countries
Written by Sandy Williams
March 30, 2017
US Commerce Secretary Wilbur Ross announced today that a final finding has been made on the dumping of carbon and alloy steel cut-to-length (CTL) plate into the U.S. from eight countries.
Commerce affirmed that dumping had occurred regarding imports of CTL from Belgium, France, Germany, Italy, Japan, South Korea and Taiwan and imposed duties ranging from 3.6 to 148.2 percent.
South Korea was also found to subsidize imports of CTL and was assigned a countervailing duty of 4.31 percent.
“A healthy steel industry is critical to our economy and manufacturing base, yet our steel industry today is under assault from foreign producers that dump and subsidize their exports,” said Ross.
The petitioners in the investigation were Nucor, ArcelorMittal SA, and SSAB AB.
The products covered by these investigations are certain carbon and alloy steel hot-rolled or forged flat plate products not in coils, whether or not painted, varnished, or coated with plastics or other non-metallic substances (cut-to-length plate).
The U.S. International Trade Commission is scheduled to make its final injury determinations on or about May 15. If the ITC finds injury, Commerce will issue AD and/or CVD orders.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Nippon exec responds after Trump ‘golden share’ comments: Report
A Nippon executive has hit back regarding the deal for USS following President Trump's talk of a "golden share" on Thursday.
US rebar producers seek import relief with new trade case
The four countries targeted for duties are currently the top offshore suppliers of rebar to the US market: Algeria, Bulgaria, Egypt, and Vietnam.
CRU Insight: A 50% S232 tariff will raise US steel prices and shift trade flows
This CRU Insight examines how the increase in Section 232 tariffs on steel to challenging levels will lead to significatively higher prices for end consumers in the US market.
Canacero hits out at new US steel tariffs
Mexican steel trade group Canacero has condemned the US’ actions of raising tariffs on steel and aluminum to 50% from 25%.
It’s official: Trump proclamation doubles S232 on imported steel, aluminum to 50%
President Donald Trump on Tuesday evening signed a proclamation that officially doubled Section 232 tariffs on imported steel and aluminum from 25% to 50%. There was one exception: Section 232 tariffs on steel and aluminum from the United Kingdom will remain at 25%, according to a fact sheet published by the White House.