USS-Posco Industries Inc. (UPI) is considering filing an
anti-dumping petition against Chinese cold-rolled sheet, a
source close to the company told AMM.
Calif.-based flat-rolled producer, which declined to comment on
the report, is weighing its options for filing a trade
complaint with attorneys, the source said.
If UPI decides to file
an anti-dumping petition, it would go against what has become
conventional wisdom in this part of the countrythat,
whatever the impact of imports on the West Coast, regional
dumping complaints have little chance of succeeding since
damage must be shown on the overall U.S. market.
However, there is also
a more recent view that a localized complaint has a much better
chance of succeeding if it is determined that domestic mills
outside the West Coast do not play a significant local role in
the product under question.
quality cold-rolled coil has at times over the past 18 months
sold on the West Coast for an estimated $120 per ton or more
under the domestic product price, according to market sources,
although the spread might be less today.
Earlier this year UPI
was reportedly attempting to compete more aggressively on
price, although it eventually decided this course wasnt
economically viable, the sources said.
UPI, a joint venture
of Pittsburgh-based U.S. Steel Corp. and Pohang, South
Korea-based Posco Ltd., produces cold-rolled sheet, as well as
hot-rolled pickled and oiled, galvanized sheet and tin mill
The other major West
Coast flat-rolled producer, Fontana, Calif.-based California
Steel Industries Inc. (CSI), also produces cold-rolled sheet,
along with other flat-rolled products.
consider cold-rolled sheet a more critical part of UPIs
overall product mix.