Trade Cases

US Scraps Suspension Agreement, Imposes AD Duties on Russian Plate
Written by Laura Miller
August 14, 2023
US plate producers were successful in their most recent effort to have the suspension agreement on cut-to-length plate imports from Russia removed and replaced with antidumping duties.

The US Department of Commerce announced this week it is terminating the suspension agreement, which dates back to 2003.
In place of the suspension agreement, Commerce has now imposed antidumping duties CTL carbon steel plate that enters the country from the Russian Federation.
Commerce assigned weighted-average dumping margins of 53.81% for Severstal and 185% for all other Russian companies.
In 2015, Nucor, Cleveland-Cliffs, and SSAB petitioned Commerce to end the agreement, but that effort was unsuccessful.
This April, the same companies once again asked for termination of the agreement. Their reasoning was that the 2003 agreement was no longer in the public interest, as Commerce reclassified Russia as a non-market economy in November 2022.
The domestic steelmakers did not respond to SMU’s request for comment.

Laura Miller
Read more from Laura MillerLatest in Trade Cases

SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.

CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America

Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]

Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.