Steelmakers Accuse China of Dumping in the U.S.

April 9th, 2009 at 05:41pm Bob Trojan

“The U.S. steel industry filed an antidumping suit against China, covering $2.7 billion of imports, alleging that steelmakers there unfairly dumped specific types of tubular and pipe steel onto the U.S. market last year.

The case, one of the biggest ever filed by the U.S. against China, is likely the beginning of a string of steel-dumping cases against China, say attorneys representing steel workers and manufacturers.

“I think there are going to be a lot of trade cases, steel and nonsteel, filed against China,” said Roger Schagrin, one of the lead attorneys representing the seven domestic companies and the United Steelworkers union, which filed a petition with the U.S. International Trade Commission and the Department of Commerce. “China continues exporting massive amounts of products despite decreasing U.S. demand.”

See the rest here…  Steel

Entry Filed under: Economy