Steel Mills
June 18, 2014
US Steel Mills Mulling Challenge to Russian HRC Imports
Written by Sandy Williams
The US steel industry is contemplating challenging a trade agreement with Russia that governs imports of hot rolled steel from Russia. A suspension agreement currently exempts Russian steelmakers from antidumping duties by setting a cap and minimum price on HRC imports.
According to a Reuters article on Tuesday, US steel companies say the hot rolled coil pricing is set too low and are considering urging the Administration to drop or adjust the exemptions.
