Trade Cases
May 25, 2017
Section 232 Testimony Heavily Weighted Toward Domestic Industry
Written by John Packard
The Chinese, Russians, Turks, Vietnamese, Koreans and to a lesser extent the Taiwanese ears were burning Wednesday after the “bad-mouthing” they got at the Section 232 hearing on steel. Of the 37 scheduled speakers 9 domestic companies/organizations along with four foreign entities (Russia, China, Ukraine and Eurofer) spoke on behalf of allowing foreign steel without restrictions (other than AD/CVD restrictions). The balance (24 companies/organizations) were there to support the steel industry and to call for restrictions against foreign steel products.
At the beginning of the hearing Secretary of Commerce, Wilbur Ross spoke about the questions the DOC has been charged to answer:
