U.S. Steel Producers Raise Anti-dumping Lawsuit against Korean Steel Plate Exporters
U.S. Steel Producers Raise Anti-dumping Lawsuit against Korean Steel Plate Exporters
  • Korea IT Times
  • 승인 2015.06.08 19:19
  • 댓글 0
이 기사를 공유합니다

Six U.S.-based steel makers have filed a complaint with the United States International Trade Commission that the steel products imported from four countries including Korea are sold at unfair prices in the American market.

The Wall Street Journal reported on June 4 that the steel suppliers including United States Steel Corp., Nucor Corp., Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp., and California Steel Industries asked the U.S. federal government agency to assess punitive tariffs to steel exports from China, India, Italy, Taiwan, and Korea.

The main products for which these steel suppliers are complaining include steel plates used for automobile assembly and construction purposes. The companies with operations in the United States said in the complaint, "Due to the unfair pricing, the selling prices in the United States have been lowered, which led to financial difficulties and massive downsizing measures."

In order to win the case, the U.S. companies must prove that the foreign suppliers sold their steel products at below-market prices or benefited from illegal state aid. In the complaints, the plaintiffs claimed there were scores of such illegal state aid programs, including 48 in China, 88 in India, 12 in Italy, 22 in Taiwan, and 43 in Korea.

The U.S. International Trade Commission must decide within 45 days whether the business of U.S. suppliers was sufficiently injured to merit punitive duties. Followed by the trade commission's decision, the U.S. Department of Commerce will make a preliminary ruling by the year's end and the final decision by the end of the first half next year.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트