US GOES producers against NLMK deal

May 22, 2014 | 06:06 PM | Rey Mashayekhi

Tags  NLMK, Commerce Department, ATI, AK Steel, Allegheny Technologies, imports, GOES, grain-oriented electrical steel dumping

NEW YORK — AK Steel Corp. and Allegheny Technologies Inc. (ATI) "unequivocally oppose" Russian steelmaker Novolipetsk Steel’s (NLMK) proposed agreement with the U.S. Commerce Department that would suspend anti-dumping duties on the company’s grain-oriented electrical steel (GOES) product imports.

In a May 22 letter to Secretary of Commerce Penny Pritzker, AK Steel, ATI, the United Steelworkers union and the United Automobile, Aerospace and Agricultural Implement Workers (UAW) union objected to Commerce "entering into consultations with NLMK regarding a suspension agreement."

"Petitioners oppose any such suspension agreement," David A. Hartquist and John M. Herrmann of Washington-based Kelley Drye & Warren LLP, which represents the domestic GOES industry in the trade petition, wrote in the letter. Commerce "has already assigned a preliminary margin to NLMK based on fact available, with adverse inferences. The department also preliminary determined that critical circumstances exist with respect to imports of GOES from Russia."....

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