Trade Cases
Nippon Steel Seeks Lower Dumping Rates on HR Steel
Written by Laura Miller
August 17, 2022
The US Department of Commerce recently recalculated the dumping margins for hot-rolled steel flat imports from Japan’s Nippon Steel. And while Nippon supports the remand results, it has also filed comments with the US Court of International Trade (CIT) regarding two additional complaints.
On the remand order of the CIT, Commerce recalculated Nippon’s dumping rate for the 2018–2019 administrative review. Having previously determined an 11.7% dumping margin, the Department adjusted the rate to 10.12% after taking embossing, slitting, and cutting-to-length revenues into account.
Nippon has now asked the CIT to reconsider two more of its complaints, according to court documents reviewed by SMU. The first is regarding Commerce deducting Section 232 duties from Nippon’s US prices, which it says is not supported by evidence and is not lawful. The second has to do with Commerce applying adverse facts otherwise available on unreported downstream sales.
Nippon Steel “looks forward to the Court’s disposition of the first and second counts of” its complaint, counsel for Nippon Steel states in a letter to CIT Judge Mario Toscano.
By Laura Miller, Laura@SteelMarketUpdate.com
Laura Miller
Read more from Laura MillerLatest in Trade Cases
Trump threatens 25% tariffs on Canada and Mexico as soon as Feb. 1
President Donald Trump said on Monday evening that he was considering placing tariffs of 25% on imports from Canada and Mexico. The president said the tariffs could go into effect as soon as Feb. 1. President Trump threatened the tariffs as he signed a raft of executive orders in front of reporters in the Oval […]
Leibowitz: Trump will act fast on tariffs and immigration – buckle up
The new president clearly likes tariffs, and he wants to use them to make the United States more competitive - especially in manufacturing and mining. I believe that this will not be effective. But tariffs are very likely to be announced among the early pronouncements.
Canacero disputes US allegations of Mexican steel export threat
Mexican steel trade association Canacero said steel exports from the Latin American country into the US do not pose a threat. And claims that Mexican steel exports have been the driver of US plant closures and layoffs are “unfounded,” the association said. “On the contrary, the US greatly benefits from steel trade flows and has […]
Coated steel trade case update: Postponements and new allegations
The steel industry may have to wait even longer for the initial duty determinations in the pending coated steel unfair trade investigations.
Price on Trade: Next six months will set course of trade for years to come
This may be the most consequential six months for trade policy in recent memory. The wait to see what form Trump's actions take is almost over.