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.
Domestic petitioners 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 action."