Steel Products Prices North America
April 30, 2015
Trade Attorney Advises Manufacturing Companies to Beware
Written by John Packard
There are always two sides to any story. The domestic steel mill view is the influx of foreign steel is due to illegal dumping by the companies or countries exporting steel to the United States. The manufacturing companies who are benefiting from the lower priced imports (and their impact on domestic steel prices) have a much different frame of reference.
Steel Market Update has been discussing the TPA free trade legislation that is in the process of working its way through the U.S. Congress. The TPA legislation itself does not have any specific language dealing with dumping or remedies for the domestic steel industry. However, the steel industry and their lobbying groups have been successful in getting members of Congress to attach various amendments to the TPA legislation which would make the filing of dumping suits or, proving injury easier for the domestic steel mills.
