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
Canadian PM moves to put tighter check on steel imports
Canadian Prime Minister Mark Carney has announced new measures to limit steel imports into the country.
Canadian agency reverses dumping decision, terminating CORE trade case
The Canada Border Services Agency has terminated a self-initiated dumping investigation of corrosion-resistant steel sheet (CORE) from Turkey.
OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.
Price: Reciprocal tariff changes and potential new tariffs for Brazil, Canada, others
Trade issues do not seem poised to leave the headlines anytime soon. And as recent developments show, the administration’s tariff policy remains ever-changing.
Bessent on Vietnam: 20% tariff stands, Section 232 protections apply
US Treasury Secretary Scott Bessent told reporters that tariffs for Vietnamese imports to the US are 20% and "specific industries" have trade protections under the Section 232 tariffs.