WC sees effects of possible filings vs. China
Jul 30, 2014 | 06:22 PM
| Frank Haflich
LOS ANGELES Steel buyers on the West Coast are seeing increased wariness from sellers of Chinese cold-rolled and galvanized sheet as possible trade complaints loom.
"Theyre very concerned," a market source said of traders and Chinese mills. "But theyve been hearing for several months about complaints being filed and so far it hasnt happened."
Pittsburg, Calif.-based USS-Posco Industries Inc. (UPI), one of the West Coasts two major flat-rolled producers, has been contemplating a regional anti-dumping lawsuit against Chinese cold-rolled for most of the year (amm.com, May 19).
Whether or not these complaints are filed, theres little argument about the growing dependence on Chinese rolled products, particularly by major segments of the West Coast market.....
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