Domestic Stainless Steel Coiled Plate Industry Responds to Mixed Findings by ITC

WASHINGTON, July 20, 2011 /PRNewswire-USNewswire/ -- The Specialty Steel Industry of North America reported today that the U.S. International Trade Commission made its determinations in its five-year (sunset) reviews concerning Stainless Steel Coiled Plate from Belgium, Korea, South Africa, Italy, and Taiwan.  The Commission made affirmative determinations with respect to antidumping cases against Belgium, Korea, South Africa, and Taiwan, as well as a countervailing duty (subsidy) case against South Africa.  It made a negative determination with respect to the antidumping case against Italy.

"The ITC made affirmative decisions to continue the antidumping orders against Belgium, Korea, South Africa, and Taiwan, and the countervailing duty case against South Africa.  These orders will remain in place for another five years.  We were disappointed, however, that the Commission decided not to continue the order against Italy," said David A. Hartquist, counsel to the industry and a partner in Kelley Drye & Warren, Washington, D.C.  The U.S. petitioners involved in the review are ATI Allegheny Ludlum and North American Stainless, along with the United Steelworkers union.

About Specialty Steel Industry of North America

Specialty Steel Industry of North America (SSINA) is a Washington, D.C.-based trade association representing virtually all continental specialty metals producers, which include high technology, high value stainless and other specialty alloy products.

SSINA member companies include: ATI Allegheny Ludlum, Pittsburgh, PA and ATI Allvac, Monroe, NC (both Allegheny Technologies companies); Carpenter Technology Corporation, Reading, PA; Crucible Industries, Solvay, NY; Electralloy, Oil City, PA; North American Stainless, Ghent, KY; Outokumpu Stainless, Inc., Schaumburg, IL; Latrobe Specialty Steel Company, Latrobe, PA; Universal Stainless and Alloy Products, Bridgeville, PA; and Valbruna Slater Stainless Inc., Fort Wayne, IN.

SOURCE Specialty Steel Industry of North America

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED