U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel
U. S. Steel, United Steelworkers union (USW), and Wheeling-Nippon have filed antidumping and countervailing duty petitions on imports of corrosion-resistant steel (CORE) from 10 countries. The petitions were submitted to the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) on September 5, 2024. This action aims to address low-priced and subsidized CORE imports entering the U.S. market, potentially harming domestic producers.
Duane D. Holloway, Senior VP and General Counsel of U. S. Steel, emphasized the importance of these trade cases in restoring a level playing field and supporting investments in new facilities. The DOC is expected to initiate the cases, with the ITC holding a preliminary staff conference this month. Final orders from both agencies are anticipated in October 2025.
U. S. Steel, il sindacato United Steelworkers (USW) e Wheeling-Nippon hanno presentato petizioni antidumping e per dazi compensativi per le importazioni di acciaio resistente alla corrosione (CORE) provenienti da 10 paesi. Le petizioni sono state inviate al Dipartimento del Commercio degli Stati Uniti (DOC) e alla Commissione per il Commercio Internazionale degli Stati Uniti (ITC) il 5 settembre 2024. Questa azione mira a affrontare le importazioni di CORE a basso prezzo e sussidiate che entrano nel mercato statunitense, potenzialmente danneggiando i produttori nazionali.
Duane D. Holloway, VP senior e consulente legale di U. S. Steel, ha sottolineato l'importanza di questi casi commerciali per ripristinare condizioni di parità e sostenere investimenti in nuove strutture. Si prevede che il DOC avvii i casi, con l'ITC che terrà una conferenza preliminare del personale questo mese. Le ordinanze finali di entrambe le agenzie sono attese per ottobre 2025.
U. S. Steel, el sindicato United Steelworkers (USW) y Wheeling-Nippon han presentado peticiones antidumping y de derechos compensatorios sobre las importaciones de acero resistente a la corrosión (CORE) de 10 países. Las peticiones se enviaron al Departamento de Comercio de EE. UU. (DOC) y a la Comisión de Comercio Internacional de EE. UU. (ITC) el 5 de septiembre de 2024. Esta acción tiene como objetivo abordar las importaciones de CORE a bajo precio y subsidiadas que ingresan al mercado estadounidense, lo que podría perjudicar a los productores nacionales.
Duane D. Holloway, vicepresidente senior y abogado general de U. S. Steel, enfatizó la importancia de estos casos comerciales para restablecer un campo de juego equitativo y apoyar las inversiones en nuevas instalaciones. Se espera que el DOC inicie los casos, con la ITC celebrando una conferencia inicial del personal este mes. Se anticipan órdenes finales de ambas agencias para octubre de 2025.
U. S. Steel, 미국 철강 노동조합(USW) 및 Wheeling-Nippon이 10개국에서 수입되는 부식 저항 강재(CORE)에 대한 반덤핑 및 보조금 반대 청원을 제기했습니다. 청원서는 2024년 9월 5일 미국 상무부(DOC)와 미국 국제무역위원회(ITC)에 제출되었습니다. 이 조치는 미국 시장에 유입되고 있는 저가 및 보조금이 지원된 CORE 수입품의 문제를 해결하고, 잠재적으로 국내 생산자에게 피해를 줄 가능성이 있습니다.
Duane D. Holloway, U. S. Steel의 수석 부사장 겸 법률 고문은 공정한 경쟁 환경을 복원하는 것과 새로운 시설에 대한 투자를 지원하는 것의 중요성을 강조했습니다. DOC는 사건을 시작할 것으로 예상되며, ITC는 이달 초반 회의를 개최할 예정입니다. 두 기관의 최종 명령은 2025년 10월에 예상됩니다.
U. S. Steel, le syndicat United Steelworkers (USW) et Wheeling-Nippon ont déposé des pétitions antidumping et de droits compensateurs pour des importations de acier résistant à la corrosion (CORE) en provenance de 10 pays. Les pétitions ont été soumises au Département du Commerce des États-Unis (DOC) et à la Commission du Commerce International des États-Unis (ITC) le 5 septembre 2024. Cette action vise à traiter les importations de CORE à bas prix et subventionnées entrant sur le marché américain, pouvant nuire aux producteurs nationaux.
Duane D. Holloway, VP senior et conseiller juridique de U. S. Steel, a souligné l'importance de ces cas commerciaux pour restaurer un terrain de jeu équitable et soutenir les investissements dans de nouvelles installations. Le DOC devrait initier les affaires, l'ITC tenant une conférence préliminaire du personnel ce mois-ci. Les ordonnances finales des deux agences sont attendues pour octobre 2025.
U. S. Steel, die Gewerkschaft United Steelworkers (USW) und Wheeling-Nippon haben Antidumping- und Ausgleichszollanträge für Importe von korrosionsbeständigem Stahl (CORE) aus 10 Ländern eingereicht. Die Anträge wurden am 5. September 2024 beim US-Handelsministerium (DOC) und der US International Trade Commission (ITC) eingereicht. Diese Maßnahme zielt darauf ab, preisgünstige und subventionierte CORE-Importe zu bekämpfen, die auf den US-Markt kommen und potenziell heimische Hersteller schädigen könnten.
Duane D. Holloway, Senior VP und General Counsel von U. S. Steel, betonte die Bedeutung dieser Handelsfälle für die Wiederherstellung fairer Wettbewerbsbedingungen und die Unterstützung von Investitionen in neue Anlagen. Es wird erwartet, dass das DOC die Verfahren einleitet, während die ITC in diesem Monat eine vorläufige Personalbesprechung abhalten wird. Die endgültigen Anordnungen beider Behörden werden für Oktober 2025 erwartet.
- U. S. Steel is taking proactive measures to protect domestic steel industry
- The trade case aims to support investments in new production facilities
- Collaboration between U. S. Steel, USW, and Wheeling-Nippon demonstrates industry unity
- Final orders from DOC and ITC not expected until October 2025, indicating a lengthy process
- Potential for retaliatory measures from affected countries
- Possible increase in steel prices for U.S. consumers if import duties are imposed
Insights
This trade case filing by U. S. Steel, USW and Wheeling-Nippon is a significant development in the steel industry. It targets imports from 10 countries, potentially reshaping the competitive landscape for corrosion-resistant steel (CORE) in the U.S. market. The move aims to protect domestic producers from allegedly unfair foreign competition, which could lead to improved pricing power and market share for U.S. manufacturers if successful.
Investors should note that the process is lengthy, with final orders not expected until
This antidumping and countervailing duty petition is a complex legal maneuver with far-reaching implications. The involvement of both the Department of Commerce and the International Trade Commission underscores the dual nature of the investigation, examining both pricing practices and potential government subsidies.
The petitioners must demonstrate that imports are sold at less than fair value and causing material injury to the domestic industry. The inclusion of 10 countries in the petition is notable, suggesting a broad-based challenge to international trade practices. If successful, this could result in significant tariffs on imported CORE, potentially altering global steel trade flows. However, the complexity of the case and the number of countries involved may lead to prolonged legal battles and possible appeals, extending beyond the expected October 2025 timeline.
This trade case could significantly reshape the CORE market in the U.S. Currently, imports account for a substantial share of the domestic CORE consumption. If the petition is successful, we could see a shift in market dynamics, with domestic producers potentially gaining market share and pricing power.
However, it's important to consider potential downstream effects. Industries that rely heavily on CORE, such as automotive and construction, might face increased input costs if import tariffs are imposed. This could lead to price inflation in consumer goods or margin pressure for these industries. Additionally, the global nature of steel supply chains means that any disruption could have ripple effects across multiple markets. Investors should monitor not only the direct impact on steel producers but also the broader implications for steel-consuming industries and potential retaliatory measures from affected countries.
Duane D. Holloway, Senior Vice President, General Counsel and Chief Ethics & Compliance Officer of U. S. Steel, commented, “As we have for decades, U. S. Steel continues to lead the domestic industry in the fight against unfair trade on behalf of our workers, families, communities, and customers we serve. These new trade cases—the largest filed by U. S. Steel in nearly a decade—will address low-priced and subsidized CORE imports that continue to pour into the U.S. market. These cases aim to restore a level playing field and support our investments in Big River Steel’s new dual coating line and second mini-mill in
Holloway added, “We also applaud Wheeling-Nippon’s decision to be a petitioner in this trade case. Wheeling-Nippon is rising to the occasion, standing up and fighting for its hardworking steelworkers in
DOC is expected to initiate these new cases and the ITC is expected to hold a public preliminary staff conference this month. The DOC and ITC final orders are not expected until October 2025. The petitions can be accessed online at https://ids.usitc.gov/case/8223/investigation/8631.
About U. S. Steel
Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3® advanced high-strength steel. The Company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in
1 U. S. Steel, the USW, and Wheeling-Nippon take no position on
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