Trade Cases

HR CVD Preliminary Determination Due on Monday
Written by John Packard
January 10, 2016
Steel Market Update received the following press release from the US Department of Commerce International Trade Administration regarding the release of the preliminary determination for the hot rolled countervailing duty portion of the hot rolled trade case:
On January 11, 2016, the Department of Commerce is scheduled to announce its preliminary determinations in the CVD investigations of imports of certain hot-rolled steel flat products from Brazil, Korea, and Turkey. Hot-rolled steel is extensively used in automotive applications and tubing, as well as in the manufacture of transportation equipment, appliances, heavy machinery, nonresidential construction, and machine parts.
On Monday, January 11, we will email a fact sheet that will outline our decisions.
Petitioners: The petitioners for these investigations are AK Steel Corporation (OH), ArcelorMittal USA LLC (IL), Nucor Corporation (NC), SSAB Enterprises, LLC (IL), Steel Dynamics, Inc. (IN), and United States Steel Corporation (PA).
Import Statistics: In 2014, imports of certain hot-rolled steel flat products from Brazil, Korea, and Turkey were valued at an estimated $146.3 million, $678.8 million, and $218.4 million, respectively. (Source: International Trade Administration Office of Public Affairs)

John Packard
Read more from John PackardLatest in Trade Cases

Breaking News: Trump’s ‘Liberation Day’ brings 10% baseline tariffs; steel, aluminum, and autos/parts excluded
President Trump’s promised “Liberation Day” has arrived, with a 10% minimum tariff on imports. But there are some very important exceptions: The United States’ USMCA partners, Canada and Mexico, are excluded from the reciprocal tariffs for now. In addition, steel, aluminum, as well as autos and auto parts are excluded from the reciprocal tariffs. That’s […]

Price on Trade: Auto tariffs, auto parts, and Hyundai – a world of rapid changes
Trump's new auto tariffs will apply to passenger vehicles (including sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans), light trucks, and certain automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components).

CRU: Canacero urges Mexico-US partnership to fend off Asian steel imports
Victor Cairo, head of Mexico’s steel sector body Canacero and CEO of ArcelorMittal Mexico, says he is confident negotiations between the Mexican and US governments planned for April 2 will lead to the creation of a regional block to substitute imports, especially from Asia.
US chassis makers seek duties on imports from Mexico, Thailand, and Vietnam
Upon the request of US chassis manufacturers, the Commerce Department this week initiated investigations into the alleged dumping and subsidization of chassis imported from Mexico, Thailand, and Vietnam.

European Commission eyes stricter limit on tariff-free steel imports
The European Commmission is reducing the amount of tariff-free foreign steel that can enter the EU.