Trade Cases
July 2, 2017
Leibowitz Responds to Trade Question
Written by John Packard
Steel Market Update received a question from a large service center group regarding the use of the Section 232 process on steel and whether the due diligence being done now could be used “down the road” and applied against another steel product. Here is the question we received and the response from trade attorney Lewis Leibowitz:
Question: “Let’s say they announce tariffs/quotas on flat roll and energy tubulars, which the market thinks is likely. If there were a surge of SBQ bar (or anything not addressed this summer) 1-2 years from now, could the government act immediately because the Section 232 process has already been done, or would they have to start the process all over again?
