US, Russia bicker over pricing used in hot-roll steel decision
Aug 13, 2012 | 08:32 AM
| Catherine Ngai
NEW YORK U.S. and Russian steelmakers are disputing the effectiveness of benchmark prices in evaluating whether imports of Russian hot-rolled steel are undercutting the U.S. industry.
Producers from both sides filed comments with the Commerce Departments International Trade Administration (ITA) in response to a preliminary determination to revoke a suspension agreement covering certain hot-rolled steel products (amm.com, May 29).
The ITA said that the agreementunder which hot-rolled steel from Russia isnt subject to U.S. import duties provided import volumes are below a certain annual threshold and above a certain quarterly pricing pointdidnt prevent the undercutting of domestic prices.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.