Government/Policy
July 11, 2024
Written by Michael Cowden
The Mexican government said on Thursday that it had negotiated a temporary carve out for Brazilian steel under recently updated Section 232 rules.
Mexico said that the pact would stretch until 2027, by which point all steel exported to the US would have to be “melted and poured” within North America.
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.
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
The American Iron and Steel Institute (AISI) is pressing President Donald Trump to raise the issue of China’s steel exports and industry subsidies during his upcoming summit with Chinese President Xi Jinping.