Steelmakers clash on coated steel duty

Jan 09, 2013 | 04:10 PM | Catherine Ngai

Tags  corrosion-resistant steel, U.S. Steel, Nucor, ArcelorMittal, Steel Dynamics, AK Steel, ThyssenKrupp, Salzgitter Flach anti-dumping

WASHINGTON — Foreign and domestic steelmakers clashed Wednesday on the role of German and South Korean corrosion-resistant steel in the U.S. automotive and construction markets.

Steelmakers argued whether anti-dumping duty orders on the product from both countries and a countervailing duty order on material from Korea should be revoked at a U.S. International Trade Commission (ITC) sunset review hearing Wednesday.Existing dumping duties range from 10.02 percent for Germany to 17.7 percent for Korea, while the subsidy duty on Korean product has been set at 1.15 percent.....

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