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AISI Commends ITC Decision on Hot-Rolled Steel Duties
10/12/2007 - The American Iron and Steel Institute issues a statement commending the U.S. International Trade Commission for its decision in the 5-year sunset review of antidumping and countervailing duty orders covering imports of hot-rolled sheet.
The American Iron and Steel Institute (AISI) issued the following statement in response to the U.S. International Trade Commission (ITC) decision in the 5-year sunset review of antidumping and countervailing duty orders covering imports of hot-rolled sheet:
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AISI Statement on ITC Decision
on Sunset Review of Hot Rolled Steel Duties
“We are pleased by the unanimous decision of the ITC to maintain antidumping orders on hot-rolled steel from China, India, Indonesia, Taiwan, Thailand and Ukraine. This reflects, at least in part, the Department of Commerce’s previous determination that likely dumping and subsidy margins from all of the 10 countries under review would be substantial and revocation of the orders at issue would be likely to result in a resumption of unfairly-traded imports from each of the 10 countries.
The domestic steel industry will be vigilant and aggressive in responding to any resumption of injurious dumping in the U.S. market, and we fully expect that U.S. trade remedy laws will be vigorously enforced going forward, as the President has promised.”
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AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI is comprised of 31 member companies, including integrated and electric furnace steelmakers, and 130 associate and affiliate members who are suppliers to or customers of the steel industry.
