Government/Policy
October 21, 2022
Written by Michael Cowden
The US International Trade Commission (ITC) narrowly voted to revoke anti-dumping and countervailing duties on Brazilian hot-rolled coil.
The move comes after US trade officials decided to let duties on Brazilian cold-rolled coil expire – a change that has raised the ire of some domestic mills.
US steel industry groups representing most of domestic steel production are urging the Trump administration to tighten trade measures on steel imports from South Korea. They are seeking a South Korea-specific tariff-rate quota (TRQ) and an investigation into a reported import surge.
In 2015, finished steel imports were 29% of apparent domestic consumption of steel, as estimated by AISI. In 2025, the import share had fallen to 18%. Steel lobbyists think that is progress, but the reality is more complex.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.