Steel Import Investigation Approved

TUESDAY, JULY 28, 2015


The United States International Trade Commission (USITC) announced July 16 that investigations would continue into corrosion-resistant steel products from China, India, Italy, Korea and Taiwan.

The six commissioners unanimously determined there was reasonable indication that these imports, which are alleged to be subsidized and sold in the U.S. at less than fair value, threaten the U.S. industry with material injury.

According to the USITC, the investigated goods include certain flat-rolled steel products, either clad, plated, or coated with corrosion-resistant metals such as zinc, aluminum, or zinc-, aluminum-, nickel- or iron-based alloys, whether corrugated or painted, varnished, laminated, or coated with plastics or other non-metallic substances in addition to the metallic coating.

They also cover coils that have a width of 12.7 mm or greater, regardless of form of coil and products not in coils (e.g., in straight lengths).

These investigations do not cover flat-rolled steel products plated or coated with tin, lead, chromium, chromium oxides, both tin and lead (known as “terne plate”), or both chromium and chromium oxides (known as “tin free steel”); clad plate products; or certain three-ply clad stainless flat-rolled products.

Next Steps

This finding enables the U.S. Department of Commerce (DOC) to continue its investigation on imports of these products from the five named countries.

Preliminary duty determinations are due from the DOC by Aug. 27, 2015. Preliminary antidumping duty determinations are due by Nov. 10, 2015.

A public report, Certain Corrosion-Resistant Steel Products from China, India, Italy, Korea, and Taiwan (USITC Publication 4547), containing the USITC assessments and information determined during the investigation, will be available on the USITC website after Aug. 15, 2015.

Activities to Date

This action was precipitated by antidumping and countervailing duty petitions filed by six U.S. steel producers—United States Steel Corp., Nucor Corp., Steel Dynamics Inc., California Steel Industries, ArcelorMittal USA LLC, and AK Steel Corp.—in early June.

Continuous slab caster
United States Steel Corporation

Antidumping and countervailing duty petitions were filed in early June by six U.S. steel producers, prompting the DOC investigations.

The DOC and USITC announced later that same month that they had begun antidumping duty (AD) and countervailing duty (CVD) investigations of imports of corrosion-resistant products from those countries. 

In a July 16 statement, James L. Wainscott, chairman, president and CEO of AK Steel, said, “We applaud the ITC’s preliminary ruling that unfairly traded imports of corrosion-resistant steel have caused injury to AK Steel and other domestic steel producers. This decision is an important step forward in the process to fight dumped and subsidized CORE imports that have significantly impacted pricing in the U.S. market.”

Other Steel Product Investigations

Meanwhile, the USITC announced July 22, that preliminary AD and CVD investigations were underway for heavy walled rectangular welded carbon steel pipes and tubes from Korea, Mexico and Turkey.

Rectangular steel pipe
© iStock.com / LdF

In July, eight companies petitioned for investigations into imports of heavy walled rectangular welded carbon steel pipes and tubes from three countries.

A petition on this matter was filed July 21 by eight companies: Atlas Tube, a division of JMC Steel Group; Bull Moose Tube Company; EXLTUBE; Hannibal Industries Inc.; Independence Tube Corporation; Maruichi American Corporation; Searing Industries; and Southland Tube.

A preliminary determination in this investigation is due by Sept. 24, and the commission’s assessment is due to the DOC by Sept. 14.

   

Tagged categories: AK Steel Corp.; antidumping; ArcelorMittal USA LLC; Asia Pacific; California Steel Industries; Corrosion resistance; Department of Commerce; EMEA (Europe, Middle East and Africa); North America; Nucor Corp; Program/Project Management; Steel; Steel Dynamics Inc.; U.S. Steel; USITC

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