Trade Cases
USITC Votes to Continue Investigations on Welded Steel Pipe
Written by Sandy Williams
September 2, 2015
The U.S. International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of heavy walled rectangular welded carbon steel pipes and tubes from Korea, Mexico, and Turkey that are allegedly sold in the United States at less than fair value and allegedly subsidized by the government of Turkey.
The six Commissioners voted unanimously in the affirmative. The Dept. of Commerce will continue its investigations and release its preliminary countervailing duty determination on or about October 14, 2015, and its preliminary antidumping duty determinations on or about December 28, 2015.
The Commission’s public report Heavy Walled Rectangular Welded Carbon Steel Pipes and Tubes from Korea, Mexico, and Turkey (Investigation Nos. 701-TA-539 and 731-TA-1280-1282 (Preliminary), USITC Publication 4563, September 2015) will contain the views of the Commission and information developed during the investigations.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
CRU: Turkey imposes tariffs on steel imports; Malaysia launches AD probe
Ankara has placed anti-dumping duties of ranging from 6.10% to 43.31% on hot-rolled steel sheet from China, India, Japan, and Russia. Meanwhile, Malaysia has announced it will investigate allegedly dumped steel wire rod from China, Indonesia, and Vietnam.
Price on trade: The excess capacity threat moves closer to home
The Global Forum on Steel Excess Capacity (GFSEC) reaffirmed on Oct. 8 what domestic steel producers have long known—the threat of excess steel capacity never disappeared and is evolving. China’s steelmakers are boosting capacity and exports, echoing the 2016 global steel crisis. There is no doubt that China is successfully weaponizing excess capacity across many industries, and the fatal damage to domestic production and national security undermines the interests of all market-oriented countries. The question now is: How will GFSEC countries respond?
US bans steel made with forced labor from Baowu subsidiary
The US has banned imports from a subsidiary of the world’s largest steelmaker because it is allegedly using forced labor to produce steel products.
China challenges Canada’s tariffs on steel, aluminum, EVs
China is challenging Canada’s decision to put tariffs on imports of Chinese steel, aluminum, and electric vehicles.
Leibowitz: Harris, Trump don’t talk much about steel and trade – because they (mostly) agree
By most accounts, the issues that are most important for voters in this election are the economy, immigration, and abortion. International trade policy plays a key role in at least two of those three (the economy and immigration). Both presidential candidates recognize that trade and tariffs are an important focus. And “America first” is a rallying point for both candidates.