May 25, 2016
 
ITC Supports CTL Plate Case

The U.S. International Trade Commission voted unanimously in support of a threat of injury to U.S. producers from dumped imports of certain carbon and alloy steel cut-to-length plate, advancing the case. Producers filed the trade case against CTL imports from Austria, Belgium, Brazil, China, France, Germany, Italy, Japan, South Korea, South Africa, Taiwan and Turkey. The ITC also voted to proceed on subsidy cases against all of these countries except for Brazil.

The volume of CTL steel imports surged by over 100 percent between 2013 and 2015, rising from 572,000 tons to 1.2 million tons. Imports have captured an increasing share of the U.S. market over the past three years. ArcelorMittal, Nucor and SSAB Americas filed the case against the 12 countries.

"This is an important step in helping to restore fair market conditions in this product sector. The U.S. steel industry is under attack by unfair foreign trade. Time after time, it's the domestic industry and workers who have to challenge foreign protectionism and predatory practices,” says Leo Gerard, president of the United Steelworkers. "The ITC acknowledged the injury that workers all across the country have felt first hand. More than 13,000 Steelworkers are already out of work from the practices alleged in this case and others such as massive overcapacity."


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Sunday, October 22, 2017