NEW YORK AK
Steel Corp. praised the International Trade Commissions
(ITCs) ruling that imports of non-oriented electrical
steel (NOES) from six countries have harmed the domestic steel
The ITC determined
Dec. 2 that there was "reasonable indication" that the domestic
industry has been "materially injured" by allegedly dumped
imports from China, Germany, Japan, South Korea, Sweden and
Taiwan, as well as allegedly subsidized imports from China,
Korea and Taiwan (
amm.com, Dec. 2).
AK Steel, which
accounted for all domestic NOES production in 2012, filed
anti-dumping and countervailing trade petitions with the ITC
and U.S. Commerce Department in September (
amm.com, Sept. 30).
"We applaud the
ITCs preliminary ruling against unfairly traded imports
of non-oriented electrical steel," chairman, president and
chief executive officer of the West Chester, Ohio-based
steelmaker James L. Wainscott said in a statement. "The rules
of fair trade apply to all of our competitors, and we will
continue to vigorously defend our ability to compete by using
every tool at our disposal."
The Commerce Department has initiated its own investigation
into NOES imports, with a preliminary countervailing duty
determination due by Jan. 10 and a preliminary anti-dumping
duty determination due by March 26.