Trade Cases

ITC Determines Probable Injury in Cold Rolled Steel Case
Written by Sandy Williams
September 11, 2015
As expected, the U.S. International Trade Commission (ITC) has made a preliminary determination that cold-rolled steel produced in seven foreign countries (Brazil, China, India, Japan, Russia, South Korea and UK) is causing or threatening to cause injury to the domestic steel industry. The Netherlands, which was also named in the antidumping suit, was dropped from the investigation by the ITC because the quantity of imports from the Netherlands was negligible (less than 3 percent of the total imports of cold-rolled steel in the period of investigation).
“We applaud the ITC’s preliminary ruling against dumped and subsidized imports of cold-rolled steel,” said James L. Wainscott, Chairman, President and CEO of AK Steel. “We expect all of our global steel competitors to play by the rules of fair trade, and this ruling is an important step in the fight to stop the injury to the domestic steel industry caused by unfairly-traded imports of cold-rolled steel.”
On July 28, 2015, five major U.S. steel producers – AK Steel Corporation, ArcelorMittal USA LLC, Nucor Corporation, Steel Dynamics, Inc., and United States Steel Corporation – filed petitions with the ITC and the Department of Commerce charging that unfairly traded imports of cold-rolled steel from Brazil, China, India, Japan, the Netherlands, Russia, South Korea and the United Kingdom were causing material injury to the domestic industry. Anti-dumping cases were filed against all eight countries and countervailing duty cases were filed against Brazil, China, India, Russia, and South Korea.
The Commerce Department will make preliminary CVD determinations in October 2015 and its preliminary AD determinations in January 2016, unless the statutory deadlines are extended.
If foreign producers attempt to increase shipments into the U.S. market before the Commerce Department’s preliminary determinations, anti-dumping and countervailing duties can be imposed retroactively beginning 90 days prior to the preliminary determinations.
Cold-rolled steel is hot-rolled steel that has been hardened through the cold-rolling process and that may or may not undergo further processing including annealing, hardening / tempering, and temper rolling. While a substantial portion of cold-rolled steel production is used “as is,” a majority in the United States is further processed by galvanizing or coating. Cold-rolled steel is primarily used in appliances, automotive products, containers, and construction.

Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases

SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.

CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America

Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]

Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.