NEW YORK China has until July 31 to implement World Trade Organization (WTO) rulings concerning the imposition of duties on U.S. shipments of grain-oriented flat-rolled electrical steel.
A WTO arbitrator said the end of Julyeight months and 15 days from the adoption of reports from the WTOs Dispute Settlement Panel and Appellate Bodyrepresented a "reasonable period of time" for China to implement recommendations and rulings in the dispute over anti-dumping and countervailing duties on U.S. product, according to a report to WTO members.
Last October, the WTOs Appellate Body issued its final report, largely backing the U.S. government in its challenge of Chinese subsidies that were imposed back in 2010.
The U.S. government had previously alleged 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).
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 market.