U.S. Steel Companies Raise Antidumping Complaint with Korean Cold-rolled Steel Suppliers
U.S. Steel Companies Raise Antidumping Complaint with Korean Cold-rolled Steel Suppliers
  • By Chun Go-eun (info@koreaittimes.com)
  • 승인 2015.07.29 17:42
  • 댓글 0
이 기사를 공유합니다

U.S. steel makers raised an antidumping and counterveilling lawsuit against Korean-made cold-rolled steel sheets.

The Korea International Trade Association said on July 29 that five American steel companies including U.S. Steel and AK Steel filed a complaint with the U.S. International Trade Commission and the Department of Commerce for antidumping and counterveilling grounds against cold-rolled steel sheet suppliers from eight countries including China, India, Brazil, and Korea.

The litigants claimed that American steel makers received material damage from cheap imports from Korea and demanded Korean suppliers be assessed antidumping tariffs of 93.32 to 176.13 percent. As for Chinese, India, and Brazilian suppliers, they demanded the dumping charges of 265.98 percent, 42.58 percent, and 50.07-59.74 percent, respectively.

As for countervailling duties, they claimed a total of 41 government programs are equivalents to illegal subsidies. For example, provision of energy at prices lower than proper levels, energy purchase programs of the government at prices higher than market rates, the short-term export financing programs offered by Korea EximBank, and export finance insurance of the Korea Trade Insurance Corp.

Korean steel suppliers have sold 258,000 tons of steel products to the United States last year. Dongkuk Steel, POSCO, Dongbu Steel, and Hyundai Steel are exporting cold-rolled steel plates to countries including the United States.


 


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

  • Korea IT Times: Copyright(C) 2004, Korea IT Times. .Allrights reserved.
  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • * Mobile News: m.koreaittimes.com
  • * Internet news: www.koreaittimes.com
  • * Editorial Div. 02-578-0434 / 010-2442-9446 * PR Global/AD: 82-2-578-0678.
  • * IT Times Canada: Willow St. Vancouver BC
  • 070-7008-0005
  • * Email: info@koreaittimes.com
ND소프트