NEW YORK The U.S. International Trade Commission (ITC) has ruled in favor of AK Steel Corp. in an anti-dumping and countervailing trade petition against imports of non-oriented electrical steel from six countries.
The ITC determined Dec. 2 there was a "reasonable indication" that the domestic industry has been "materially injured" by allegedly cut-priced imports from China, Germany, Japan, South Korea, Sweden and Taiwan, as well as allegedly subsidized imports from China, Korea and Taiwan.
West Chester, Ohio-based AK Steel filed the trade case in September, complaining that imported material had driven down prices and placed a strain on the companys margins (amm.com, Sept. 30). AK Steel is the sole U.S. producer of the material.
The Commerce Department has initiated an investigation into non-oriented electrical steel imports, with a preliminary countervailing duty determination due by Jan. 10 and a preliminary anti-dumping duty determination due by March 26 (amm.com, Nov. 8).
The ITC decision came two weeks after it issued a similar ruling in a trade case filed by AK Steel, Pittsburgh-based Allegheny Technologies Inc. and the United Steelworkers union against imports of grain-oriented electrical steel from seven countries (amm.com, Nov. 19).