Aug. 7, 2013

SSINA Investigates Stainless Bar Import Surge
 
The Washington-based Specialty Steel Industry of North America is voicing concern over a substantial increase in stainless steel bar imports. U.S. government statistics show bar imports increased from 108,690 tons in 2010 to 146,071 tons in 2012, a 34 percent hike.

"Imports of stainless steel bar have reached historical levels in both 2011 and 2012, with the majority of the growth concentrated from four key exporters--Italy, Taiwan, Germany and India," says SSINA counsel David A. Hartquist, an international trade lawyer.

Domestic producers have recently requested and obtained new tariff statistical breakouts for stainless steel bar. These additional statistical breakouts have enabled the producers to examine import trends among various categories of stainless steel bar, including large-diameter bar, austenitic bar and remelted bar. Data from these breakouts have shown significant increases across the spectrum of stainless steel bar products, Hartquist says.

“The domestic producers' concerns are not only with the increase in volume of imports, but also with recent import price declines that are having a negative impact on the market. Domestic producers are assessing the situation to determine whether the trade laws are being violated by the aforementioned countries or other significant offshore suppliers of stainless steel bar,” Hartquist adds.


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