Nucor opposes anti-dumping system change

Jul 18, 2014 | 01:21 PM | Thorsten Schier

Tags  Nucor, steel, anti-dumping duty, prospective, retrospective, Rick Blume

NEW YORK — The implementation of a prospective anti-dumping duty system would lead to “abuse on a massive scale,” a top Nucor Corp. executive said in testimony before a U.S. Senate Committee on Appropriations Subcommittee on Homeland Security.

“(W)e do not believe replacing the current ‘retrospective’ system with a so-called prospective system would improve enforcement,” Rick Blume, general manager of commercial for Charlotte, N.C.-based Nucor’s steelmaking group, said July 16. ....

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