Trade Cases
August 7, 2016
Commerce Announces Final Margins on Hot Rolled Steel
Written by John Packard
There were some surprises on Friday afternoon when the U.S. Department of Commerce came out with their final determinations regarding antidumping and countervailing duties on hot rolled steel. Perhaps the biggest surprise was saved for POSCO out of Korea and the joint venture partner with US Steel on USS/POSCO mill in California. The UPI mill uses 75,000 to 100,000 tons of hot rolled steel per month and POSCO was by far the largest supplier.
Here is what the press release had to say:
