AK Steel applauds ruling on NOES shipments

Mar 20, 2014 | 04:45 PM | Rey Mashayekhi

Tags  AK Steel, non-oriented electrical steel, NOES, Commerce Department, International Trade Administration, anti-dumping, countervailing, Rey Mashayekhi

NEW YORK — AK Steel Corp. is “pleased” with the U.S. Commerce Department’s decision to issue preliminary subsidy rates on imports of non-oriented electrical steel (NOES) from China and Taiwan and is “hopeful” that further investigation will find “significant subsidies” for South Korean material.

Commerce’s International Trade Administration (ITA) calculated a preliminary subsidy rate of 125.83 percent on imports from China, an “adverse facts available” rate of 12.82 percent on Taiwan’s Leicong Industrial Co. Ltd. and a rate of 6.41 percent on all other imports from Taiwan (amm.com, March 19).....





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