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

Leibowitz: Renewed trade war with China over rare earths
On Oct.10, President Trump announced major increases in tariffs on Chinese goods. The trigger was a new regime of export controls on rare earth metals and products using those elements, including magnets, capital equipment, and catalysts for catalytic converters in cars and trucks.

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...