NEW YORK The World Trade
Organizations Dispute Settlement Body adopted a report
Friday in a final ruling on Chinese duties on U.S. shipments of
grain-oriented flat-rolled electrical steel.
The report, issued in October by
the WTOs Appellate Body, largely backs the U.S.
governments challenge of Chinese anti-dumping and
countervailing duties on U.S. product (
amm.com, Oct. 18).
The dispute dates back to
September 2010, when the U.S. government complained that China
incorrectly applied dumping margins of between 7.8 and 64.8
percent and subsidy margins of between 11.7 and 44.6 percent to
U.S. products (
amm.com, Sept. 15, 2010).
The WTO backed the United States
in June, but China then appealed the decision, triggering the
involvement of the Appellate Body.
West Chester, Ohio-based AK
Steel Corp. and Pittsburgh-based ATI Allegheny Ludlum
Corp.the two largest U.S. manufacturers of electrical
steelstand to gain from the final decision, although it
is uncertain if the companies will try to re-enter the Chinese
AK Steel has resumed discussions
with Chinese buyers of electrical steel, chairman, president
and chief executive officer James L. Wainscott said during a
recent earnings call, noting that China had accounted for some
15 percent of the companys electrical steel sales prior
to the imposition of duties (
amm.com, Oct. 24).