Duluth News Tribune reported that US’s leading flat steel supplier Cleveland-Cliffs and the United Steelworkers have asked the US government to place anti-dumping duties on tin mill products imported from Canada, China, Germany, the Netherlands, South Korea, Taiwan, Turkey and the United Kingdom and countervailing duties meant to offset subsidies on imports of tin mill products from China. The International Trade Commission will hold judicial proceedings, decide if domestic steelmakers have suffered provable injury from imports and then potentially impose duties to make imports from the offending countries more costly, allowing domestic producers to sell tin products at more profitable price points. Cleveland-Cliffs is asking for tariffs of 78.29% on Canada, 130.88% on China, 43.64% on Germany, 124.17% to 294.27% on the Netherlands, 13.46% to 110.84% on South Korea, 47.22% to 60.12% on Taiwan, 96.51% to 106.43% on Turkey and 110.81% on the United Kingdom. The report quoted Cliffs President & CEO Mr Lourenco Goncalves as saying that “There has been a significant surge in unfairly priced tinplate imports flooding the United States over the past two years, and we cannot let this persist. We welcome competition with any and all imported steel as long as our US trade laws are respected, and we will use all the tools at our disposal to remedy the situation.” Cliffs said “The petitions present evidence that imports of tin mill products from each subject country are being sold in the United States at less than normal value and that imports of tin mill products from China are benefiting from countervailable subsidies. The petitions also show that dumped and subsidized imports from the subject countries have taken sales from the domestic industry and made it impossible to obtain a fair rate of return on domestic operations, putting the future of American made tin mill products at risk." Cliffs' tin mill products are made at its Weirton West Virginia facility, which employs about 950 people, the company said. It sells about 300,000 net tons of the products, approximately 2% of Cliffs' total steel sales volume.
Duluth News Tribune reported that US’s leading flat steel supplier Cleveland-Cliffs and the United Steelworkers have asked the US government to place anti-dumping duties on tin mill products imported from Canada, China, Germany, the Netherlands, South Korea, Taiwan, Turkey and the United Kingdom and countervailing duties meant to offset subsidies on imports of tin mill products from China. The International Trade Commission will hold judicial proceedings, decide if domestic steelmakers have suffered provable injury from imports and then potentially impose duties to make imports from the offending countries more costly, allowing domestic producers to sell tin products at more profitable price points. Cleveland-Cliffs is asking for tariffs of 78.29% on Canada, 130.88% on China, 43.64% on Germany, 124.17% to 294.27% on the Netherlands, 13.46% to 110.84% on South Korea, 47.22% to 60.12% on Taiwan, 96.51% to 106.43% on Turkey and 110.81% on the United Kingdom. The report quoted Cliffs President & CEO Mr Lourenco Goncalves as saying that “There has been a significant surge in unfairly priced tinplate imports flooding the United States over the past two years, and we cannot let this persist. We welcome competition with any and all imported steel as long as our US trade laws are respected, and we will use all the tools at our disposal to remedy the situation.” Cliffs said “The petitions present evidence that imports of tin mill products from each subject country are being sold in the United States at less than normal value and that imports of tin mill products from China are benefiting from countervailable subsidies. The petitions also show that dumped and subsidized imports from the subject countries have taken sales from the domestic industry and made it impossible to obtain a fair rate of return on domestic operations, putting the future of American made tin mill products at risk." Cliffs' tin mill products are made at its Weirton West Virginia facility, which employs about 950 people, the company said. It sells about 300,000 net tons of the products, approximately 2% of Cliffs' total steel sales volume.
