End users who use specialty steels that are not readily available in the United States have to be concerned about both supply and price due to the successful prosecution of the antidumping and countervailing duty trade cases by the domestic steel industry. Earlier this week Steel Market Update received a “letter to the editor” which […]
AISI, WASHINGTON, D.C. – Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), today testified before the Senate Banking Committee’s hearing on “Evaluating the Financial Risks of China.” Gibson highlighted global steel overcapacity, market distortions created by China’s state-controlled steel industry and China’s market economy status, among other issues. The […]
Late last week the International Trade Commission (ITC) temporarily suspended the Section 337 case brought by United States Steel (USS) against China, pending consultations with the Department of Commerce. ITC Administrative Law Judge Dee Lord stated that two of the three causes of action brought by USS (evasion of antidumping and countervailing duty orders and […]
The U.S. International Trade Commission has put the Section 337 case brought by US Steel against Chinese steel companies on hold until Oct. 2, 2017. Administrative Law Judge Dee Lord said that two of the three complaints in the case, price fixing and transshipment, belong under the purview of antidumping and countervailing duty laws that […]
Steel Market Update received the following question from one of our new readers who has a specific project related to sourcing of hot rolled and cold rolled steels from outside of the United States. Based on our conversation with the reader we believe this question is being raised at this time due to the wide […]
China is threatening to file a suit at the World Trade Organization against the U.S. following the latest duty assessments against imports of cold-rolled and corrosion resistant steel products from China. The Commerce Ministry said it is deeply concerned about the protectionist policies of the U.S. steel industry and fears the large anti-dumping and anti-subsidy […]
The U.S. International Trade Commission announced Friday that it made an affirmative decision on injury to U.S. steel producers by imports of corrosion resistant steel products from China, India, Italy, Korea, and Taiwan. The USITC determined by unanimous vote that the U.S. steel industry was materially injured by the import of corrosion-resistant steel products (galvanized, […]
Leaders in the steel industry reacted favorably to Friday’s affirmative decision by the International Trade Commission (ITC)’s regarding injury to the industry resulting from the import of corrosion-resistant steel from China, India, Italy, Korea, and Taiwan. Mario Longhi, President and CEO, US Steel Corp.: “United States Steel Corporation is pleased with the International Trade Commission’s […]
The U.S. International Trade Commission (ITC) announced today (June 22, 2016) that it finds that unfairly priced and subsidized imports of cold-rolled steel flat products from China and Japan have hurt U.S. steel producers. All six commissioners voted in the affirmative. As a result, the antidumping and countervailing duties determined by the DOC in their […]
On June 1, 2016, the Department of Commerce announced its affirmative preliminary determinations in the antidumping (AD) investigations of imports of circular welded carbon-quality steel pipe from Pakistan, Oman, United Arab Emirates, and Vietnam. The investigations cover welded carbon-quality steel pipe and tube, of circular cross-section, with an outside diameter not more than 16 inches, […]
China steelmakers are denouncing charges of wrong doing levied by US Steel in its Section 337 filing. The ITC said last week that it will pursue the investigation that charges Chinese steel producers stole trade secrets, engaged in price fixing and participated in transshipment and duties evasion. One of the respondents in the investigation, Wuhan […]
The Department of Commerce announced on Wednesday affirmative final determinations in AD and CVD investigations of imports of corrosion-resistant steel products (CORE) from China, India, Italy, Korea; an affirmative final determination in the AD investigation of imports of CORE from Taiwan; and a negative final determination in the CVD investigation of imports of CORE from […]
Steel Market Update (SMU) does not anticipate the spread between hot rolled base prices and those of domestic galvanized/Galvalume will be reduced any time soon. The U.S. Department of Commerce latest ruling on corrosion resistant steels will put new wind in the steel mills sails. The DOC final determinations on antidumping (AD) and countervailing duties […]
According to a report by Platts, Eurofer has petitioned the European Commission to expand its AD investigation into imports of HRC from China to include HRC from Turkey, Russia, Brazil, Iran and the Ukraine. Charles de Lusignan, Communications Manager for Eurofer, said he could not confirm or deny that report. It is Eurofer’s policy not […]
The American Manufacturing and Competitiveness Act of 2016 was passed by Congress and signed into law on May 20, 2016. The bill H.R. 4923 creates a transparent process for businesses to request duty suspensions and reductions on imported products for which there is no, or insufficient, domestic availability. The bill calls for regular updates to […]
The International Trade Commission is expected to make a decision May 26 on whether the Section 337 filing by US Steel will move forward. The complaint contends China stole trade secrets, fixed prices and participated in transshipping and mislabeling of steel products to evade duties. If the trade action is successful, the US International Trade […]
Steel Market Update received a note from trade attorney Lewis E. Leibowitz regarding an “ex parte” memorandum from former Michigan Governor and current President of the Business Rountable, John Engler, about the AD investigation of imports of cold rolled steel from Japan. Mr. Engler was intervening on behalf of Steelcase and their subsidiary PolyVision which […]
Today, the Department of Commerce announced its affirmative final determinations in the AD investigations of imports of certain cold-rolled steel flat products (cold-rolled steel) from China and Japan, and CVD investigation of imports of cold-rolled steel from China. Commerce determined imports of cold-rolled steel from China and Japan have been sold in the U.S. at […]
US Steel has spearheaded an attempt to exclude all Chinese steel products from the U.S. market. But as is usually the case with drastic actions, there are a number of opponents to the move. Companies that use foreign steel in their products have asked the U.S. International Trade Commission to throw the complaint out. Steel […]
On May 17, 2016, the Department of Commerce is scheduled to announce its final determinations in the AD investigations of imports of certain cold-rolled steel flat products from China and Japan and CVD investigation of imports of certain cold-rolled steel flat products from China. The investigations cover certain cold-rolled, flat-rolled, steel products, neither clad, plated, […]
On the 24th of May the US Department of Commerce is scheduled to announce their Final Determinations regarding the corrosion resistant trade suits against China, Korea, India, Taiwan and Italy. There is an expectation that the announcement may actually be more supportive of the domestic mill position than what was seen in the Preliminary Determinations. […]
On April 29, 2016, the Department of Commerce initiated an antidumping duty (AD) investigation of imports of certain carbon and alloy steel cut-to-length plate (CTL plate) from Austria, Belgium, Brazil, China, France, Germany, Italy, Japan, Korea, South Africa, Taiwan, and Turkey, and countervailing duty (CVD) investigations of imports of CTL plate from Brazil, China, and […]
US Steel claims trade secrets involved in creating Advanced High Strength Steel (AHSS) were stolen in a Chinese cyber-attack in January 2011. Information acquired included the particular chemistry for Dual Phase steel (grades 590, 780 and 980) and its coating; critical temperatures and holding times for heating, cooling, and coating the steel; and the capabilities […]
US Steel maintains that Chinese manufacturers and distributors use false documents and transship products through other countries to disguise the country of origin. Numerous antidumping and countervailing duty orders have been placed on Chinese steel products over the years. US Steel maintains that China continues to circumvent these orders by using such methods in violation […]
WASHINGTON, April 26, 2016 /PRNewswire/ — Today United States Steel Corporation (NYSE:X) filed a complaint with the U.S. International Trade Commission (ITC) to initiate an investigation under Section 337 of the Tariff Act of 1930, against the largest Chinese steel producers and their distributors. The 337 complaint alleges illegal unfair methods of competition and seeks […]
The United Steelworkers have retracted their petition to bring Section 201 action on imports of primary unwrought aluminum. The USW filed the petition on April 18 but is suspending it due to lack of industry support. The April 22 statement from the USW follows: “We have decided to suspend our petition seeking action to restore […]
The United Steelworkers filed a petition this week under Section 201 of U.S. trade law to attempt stem imports of primary unwrought aluminum. We are reporting on this because a number of companies/organizations having begun calling for the use of Section 201 to help stem unwanted steel imports (see article in tonight’s newsletter written by […]
The following is a quick update on the status of the flat rolled trade cases (hot rolled, cold rolled and corrosion resistant) and what are the next important dates to remember. The corrosion resistant, which covers galvanized, Galvalume and related products such as galvanneal and aluminized, are scheduled to have the Final Determination by the […]
Last week hearings were held in Washington, D.C. regarding the plight of the domestic steel industry, world over-capacity of steel production (with a special emphasis on China). During the hearings a number of trade remedies were mentioned such as Section 201 and Section 232 along with the antidumping and countervailing duty flat rolled steel trade […]
The global steel industry situation and its impact on U.S. steel industry is the topic of discussion this week at hearings held by the United States Trade Representative and Department of Commerce in Washington DC. Representatives from the steel industry, manufacturing, mining and Congress are giving their opinions and suggestions during three days of hearings, […]