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The U.S. International Trade Commission voted 4-2 to end protective duties on corrosion resistant steel from France, Canada, Australia and Japan after determining that the change would not cause material injury to the U.S. steel industry.
The U.S. International Trade Commission voted 4-2 to end protective duties on corrosion resistant steel from France, Canada, Australia and Japan after determining that the change would not cause material injury to the U.S. steel industry. Duties on imports from Germany and Korea will remain in place until at least the next review in 2011. The coated steel is used in household appliances, as well as automobiles and auto parts and other products. The duties have been in place since 1993. The decision was applauded by manufacturers using the materials, but steel manufacturers argue the duties should remain in place to discourage dumping of steel into the U.S. market at below market cost to garner market share.
The U.S. International Trade Commission voted 4-2 to end protective duties on corrosion resistant steel from France, Canada, Australia and Japan after determining that the change would not cause material injury to the U.S. steel industry. Duties on imports from Germany and Korea will remain in place until at least the next review in 2011. The coated steel is used in household appliances, as well as automobiles and auto parts and other products. The duties have been in place since 1993. The decision was applauded by manufacturers using the materials, but steel manufacturers argue the duties should remain in place to discourage dumping of steel into the U.S. market at below market cost to garner market share.
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