Government/Policy
April 19, 2020
Written by Lewis Leibowitz
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington:
The World Trade Organization (WTO) is in the news a lot lately. I’ve followed the WTO for a long time, and I’ve had several cases there (dispute settlement). Recently, I have been asked about the future of the WTO and whether we’ll miss it if doesn’t survive.
The Department of Commerce thinks revoking the anti-dumping duty (AD) orders on cut-to-length carbon steel plate from China and Russia would lead to the recurrence of dumping at significant margins.
Canadian Prime Minister Mark Carney has threatened legal action against Cleveland-Cliffs over the layoffs announced earlier this week at its Stelco mill in Hamilton, Ontario.
Steel trade groups applauded the US Trade Representative’s (USTR's) unveiling of "The Milwaukee Framework" to fight global excess steel capacity.
The Commerce Department has made its preliminary findings in the anti-dumping portion of the trade case investigating large-diameter graphite electrodes (LDGE) from China and India. The agency found that LDGEs from both countries are being, or are likely to be, sold in the US at less-than-fair-value.
The US Department of Commerce has determined that the anti-dumping duty (AD) suspension agreement on cut-to-length plate imports from Ukraine should not be sunset.