Steel Mills
Canada Tribunal Finds Threat from Imported Steel Plate
Written by Sandy Williams
May 22, 2014
The Canadian International Trade Tribunal has decided that imports of hot-rolled carbon steel plate from six countries “has not caused but is threatening to cause injury to the domestic industry.” The complaint was issued by Essar Steel Algoma against plate steel originating in or exported from Brazil, Denmark, Indonesia, Italy, Japan and the Republic of Korea.
As a result of the finding, anti-dumping duties will be collected by the Canada Border Services Agency.
“We are gratified by the Tribunal’s recognition of dumping in the Canadian marketplace and we appreciate the actions they have taken to prevent injury and ensure fair trade practices are upheld,” said Kalyan Ghosh, CEO, Essar Steel Algoma Inc. “This finding is particularly important in light of the rise in low-priced plate imports we are now seeing from other sources.”
The Tribunal will issue the reasons for its findings on June 4, 2014.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
USW says opposing USS/Nippon deal is First Amendment right, seeks lawsuit dismissal
The union says the suit is "a frivolous and unsubstantiated attack on our union simply for exercising our First Amendment rights."
AISI: Weekly raw steel output ticks higher
The volume of raw steel produced by US mills slightly increased last week, according to American Iron and Steel Institute (AISI) data. Last week’s production rate represents the second-highest level recorded this year.
Opening briefs filed in Nippon/USS lawsuit vs. US government
Together, Nippon Steel, Nippon Steel North America, and U.S. Steel announced the filing of their opening brief in their litigation to invalidate the government’s decision to block their announced merger. The brief lays out “how President Biden made a predetermined decision for political reasons, not national security, causing CFIUS to engage in a sham review […]
Cliffs blames muted auto demand for steep losses in 2024
Muted demand from the auto industry took a particular toll later in the year.
U.S. Steel losses widen, better times seen as BR2 ramp-up continues
U.S. Steel’s losses widened in the fourth quarter on lower steel prices, weaker demand, and startup costs relating to the expansion of its Big River Steel EAF sheet mill in Arkansas. But the Pittsburgh-based steelmaker said it expected results to improve in 2025 as Big River 2 – the project to double capacity at the Osceola, Ark., mill - gains steam.