Final Thoughts

I was advised by the US Department of Commerce that they will announce tomorrow (Wednesday, June 24) whether they will “…initiate AD and CVD investigations of imports of corrosion-resistant steel products from China, India, Italy, Korea and Taiwan.” We will have a fact sheet from them outlining their decision and we will provide it to our readers as soon as we get the decision. I would be shocked if the DOC did not initiate an investigation.

We have an article in tonight’s edition of SMU about cold rolled exports from China being hit by dumping duties out of Mexico. My sources are advising that the cold rolled suit will be filed during the 3rd Quarter 2015 (July has been mentioned on a couple of occasions). I am also being told that hot rolled suits could come at the same time, although those would not be against China as we already have restrictions against imports of HRC from China into the United States.