Trade Cases
Nippon Steel Seeks Lower Dumping Rates on HR Steel
Written by Laura Miller
August 17, 2022
The US Department of Commerce recently recalculated the dumping margins for hot-rolled steel flat imports from Japan’s Nippon Steel. And while Nippon supports the remand results, it has also filed comments with the US Court of International Trade (CIT) regarding two additional complaints.
On the remand order of the CIT, Commerce recalculated Nippon’s dumping rate for the 2018–2019 administrative review. Having previously determined an 11.7% dumping margin, the Department adjusted the rate to 10.12% after taking embossing, slitting, and cutting-to-length revenues into account.
Nippon has now asked the CIT to reconsider two more of its complaints, according to court documents reviewed by SMU. The first is regarding Commerce deducting Section 232 duties from Nippon’s US prices, which it says is not supported by evidence and is not lawful. The second has to do with Commerce applying adverse facts otherwise available on unreported downstream sales.
Nippon Steel “looks forward to the Court’s disposition of the first and second counts of” its complaint, counsel for Nippon Steel states in a letter to CIT Judge Mario Toscano.
By Laura Miller, Laura@SteelMarketUpdate.com
Laura Miller
Read more from Laura MillerLatest 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.