Trade Cases
Commerce Modifies Import Duties on Belgian Plate
Written by Laura Miller
June 19, 2023
The US Department of Commerce’s International Trade Administration (ITA) is updating the antidumping duties on carbon and alloy cut-to-length steel plate imported from Belgium.
In an administrative review of the AD duties, the ITA is considering the one-year period ended April 30, 2022. In its preliminary ruling, the agency set the weighted-average dumping margin at 2.65% for Industeel Belgium SA, a subsidiary of ArcelorMittal, according to a recent Federal Register filing.
That dumping margin is slightly higher than Industeel’s final rate of 1.14% set in the prior year’s administrative review.
NLMK Belgium was found to have no shipments of the subject merchandise during the 2021-22 period of review.
The cash deposit rate for all other Belgian producers or exporters is unchanged at 5.4%.
These initial findings may differ from the ITA’s final results which will be issued later this year.
By Laura Miller, laura@steelmarketupdate.com
Laura Miller
Read more from Laura MillerLatest in Trade Cases
Tariff fallout: Canada strikes back, Stellantis idles, GM boosts production
Canada imposes auto tariffs, while automaker Stellantis temporarily idles some plants.
Commerce tags UAE with ‘critical circumstances’ in CORE trade case, South Africa spared
The Commerce Department has made a preliminary determination that ‘critical circumstances’ exist for certain imports of corrosion-resistant (CORE) flat-rolled steel from the United Arab Emirates (UAE). Commerce decided that critical circumstances did not apply to CORE from South Africa. The department also found that critical circumstances did not apply to CORE from UAE producers Al-Ghurair Iron & Steel LLC and United Iron & Steel Company LLC.
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.