CIT dismisses US appeal on Mexican stainless product
Nov 16, 2012 | 04:16 PM
| Catherine Ngai
NEW YORK The U.S. Court of International Trade (CIT) has dismissed a challenge by a number of U.S. producers on the removal of anti-dumping duties on stainless steel sheet and strip from Mexico.
The appeal dates back to 2011, when AK Steel Corp., ATI Allegheny Ludlum Corp. and North American Stainless Inc. (NAS) challenged a U.S. International Trade Commission (ITC) ruling that effectively removed anti-dumping duties on the shipments from Mexico (amm.com, Sept. 2, 2011).
ThyssenKrupp AGs expansion into the United States played a key role in the ITCs decision to lift the duties. The commission cited testimony from a ThyssenKrupp Stainless USA LLC executive who said the company had the authority to veto imports from its Mexican affiliate, Mexinox SA de CV, that could harm the Alabama plants sales (amm.com, Aug. 17, 2011).....
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