Beam trade case threat could impact imports
Aug 20, 2014 | 06:19 PM
| Frank Haflich
LOS ANGELES Reports that U.S. steel beam mills are contemplating trade action against imports could put an initial damper on some traders willingness to quote material, but it also could spur others to move beams here as soon as possible, market sources said this week.
Domestic beam producers have begun collecting market and import data and could file a trade complaint on imported beams and possibly other heavy structural products, according to sources familiar with the effort (amm.com, Aug. 19).
"Im surprised it took them so long," a market source said, adding that he doubts the mills can prove they have been injured by dumped beams. Nevertheless, just the "scare value" of U.S. producers contemplating a trade complaint could curb foreign mills willingness to risk shipping materialat least at the outset, he said. ....
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