Search
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.


Essar files duty complaint against 7 nations

Sep 11, 2013 | 04:51 PM |

Tags  steel plate, Essar Steel Algoma, hot-rolled carbon steel plate, high-strength low-alloy steel plate, Brazil, Taiwan, Denmark, Indonesia Italy


NEW YORK — Essar Steel Algoma Inc. has filed an anti-dumping duty complaint with the Canadian government regarding certain hot-rolled carbon steel plate and high-strength low-alloy steel plate imports from Brazil, Taiwan, Denmark, Indonesia, Italy, Japan and South Korea.

The Sault Ste. Marie, Ontario-based steel producer’s petition comes on the heels of the company posting its sixth consecutive quarterly loss. The flat-rolled producer at the time said it was considering plans to file a trade complaint citing price suppression and a surge of "low-priced plate imports" from those countries (amm.com, Aug. 14).

During its most recent quarter, the company saw a 7-percent fall in plate sale prices offset by an 8.4 percent rise in plate shipments to 90,000 tons from 83,000 tons in the previous quarter.

The Canadian International Trade Tribunal will begin its preliminary inquiry and issue a decision by Nov. 4. In a separate investigation, the Canada Border Services Agency will investigate whether imports are being dumped and will make a preliminary determination by Dec. 4.




Latest Pricing Trends Year Over Year

Poll

In 2015, do you think raw steel production capacity utilization will average:

More than 70%
About 70%
Less than 70%


View previous results