WC sees effects of possible filings vs. China

Jul 30, 2014 | 06:22 PM | Frank Haflich

Tags  steel, USS-Posco Industries, UPI, cold-rolled, galvanized sheet, West Coast, China, anti-dumping South Korea

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.

"They’re very concerned," a market source said of traders and Chinese mills. "But they’ve been hearing for several months about complaints being filed and so far it hasn’t happened."

Pittsburg, Calif.-based USS-Posco Industries Inc. (UPI), one of the West Coast’s 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, there’s little argument about the growing dependence on Chinese rolled products, particularly by major segments of the West Coast market.....

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