Trade Cases
Thailand Secures Pipe Shipment Exemption
Written by Sandy Williams
May 9, 2018
Thailand was granted a tariff exemption for steel pipe exports to the United States, but only on a shipment basis, said Wanchai Varavithya, deputy director-general of the Commerce Ministry’s Foreign Trade Department.
Said Wanchai, “Although the U.S. Department of Commerce has yet to grant a waiver on import tariffs for all shipments from Thailand, exporters can ask for an exemption for each shipment. This is good news for Thailand.”
Steel from Thailand accounts for only a small percentage of U.S. steel imports, but the country stands to lose 383,496 metric tons of steel pipe, cold-rolled steel and galvanized steel exports as a result of the Section 232 tariffs, according to the Bangkok Post.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Industry piles on new Section 232 steel derivative inclusion requests
The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.
Price on Trade: New EU steel tariffs don’t mean the US should weaken its stance
Any steel imports into the EU that exceed the new, lower quota level would be subject to a 50% tariff, which represents a major increase from the EU’s current 25% out-of-quota tariff. This move would largely align the EU’s steel tariff rate with Canada and the United States.
Global steel forum sets 2026 framework deadline as US ups pressure on excess capacity
Global steelmakers sounded the alarm Friday over the deepening excess steelmaking capacity crisis. Ministers at the Global Forum on Steel Excess Capacity (GFSEC) in Gqeberha, South Africa, pledged to...
CRU: China’s indirect steel exports find new destination markets
The boom in China’s direct steel exports has not stopped this year, even with a rise in protectionist measures globally. The increase is driven by...
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.