NEW YORK The revocation
of an anti-dumping duty order on clad steel plate from Japan
likely would lead to material injury to the domestic industry,
the U.S. International Trade Commission (ITC) voted Jan. 15 in
a sunset review.
Domestic and foreign clad steel
plate producers had clashed over the role of Japanese exports
during an anti-dumping duty hearing last month in Washington
(amm.com, Dec. 5). Duties on the product date back
some 16 years, when the Commerce Departments
International Trade Administration assessed a margin of 118.53
percent on Japanese producers.
ArcelorMittal USA LLC and Dynamic Materials Corp. argued that
revocation of the duty order likely would lead to material
injury to the domestic industry due to the Asian nations
overcapacity issues. Clad steel plate overcapacity in Japan
reached nearly 66,000 tons in 2011, more than double the 30,000
tons in 2006, they said.
"This is a very positive result
for the domestic clad steel plate industry," Kathleen Cannon, a
partner at Kelley Drye & Warren LLP, counsel to the
domestic petitioners, said in a statement. "The vote is an
important step in preserving these U.S. manufacturing
operations and the jobs of workers in this industry."
Foreign producers JFE Steel
Corp., Japan Steel Works Ltd. and Nippon Steel & Sumikin
Stainless Steel Corp., however, said Asia remains a top focus
for Japanese producers, so revocation of the duty order would
not affect the U.S. market.
"This is a counterintuitive
decision, and an extremely disappointing one at that," Kaoru
Okamoto, chairman of the Japan Steel Information Center, said
in a statement. "The Japanese steel industry will carefully
study this decision and determine a proper course of