US Electrical Steel Producers Pleased with Antidumping Margins, Says Kelley Drye & Warren LLP

WASHINGTON, Sept. 24, 2014 /PRNewswire-USNewswire/ -- The US Department of Commerce (DOC) announced today the final antidumping margins on grain oriented electrical steel ("GOES") imported into the United States from the Czech Republic, as follows:

The antidumping margins are customs duties imposed by the US government on imports from the Czech Republic.

"We are pleased by the Commerce Department's announcement that grain-oriented electrical steel from the Czech Republic is being dumped in the United States at significant margins.  This announcement confirms the domestic industry's belief that imports from the Czech Republic are competing unfairly in the U.S. market, and marks an important step in the domestic industry's efforts to obtain relief from the injury caused by unfairly traded imports.  The next event in the Czech Republic case will be a vote by the US International Trade Commission on  October 23 as to whether the dumped imports have caused material injury to the US producers," said David A. Hartquist, counsel to the domestic industry.

The DOC's determinations follow the filing, on September 18, 2013, of antidumping and countervailing duty petitions by domestic GOES producers AK Steel Corporation (NYSE: AKS) and Allegheny Ludlum, LLC d/b/a ATI Flat Rolled Products, an Allegheny Technologies company (NYSE: ATI), as well as the United Steelworkers ("USW"), which represents workers engaged in the production of GOES at ATI Flat Rolled Products.  The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America ("UAW"), which represents workers engaged in the production of GOES at AK Steel Corporation, subsequently expressed its support for the petitions.

GOES is a flat-rolled alloy steel product that contains by weight at least 0.6 percent but not more than 6 percent of silicon, not more than 0.08 percent of carbon, and not more than 1 percent of aluminum.  The petitions cover GOES that is sold in either sheet or strip form, in coils or in straight lengths.  GOES is manufactured using a specialized rolling and annealing process that yields grain structures uniformly oriented in the rolling (or lengthwise) direction of the sheet, enabling it to conduct a magnetic field with a high degree of efficiency.  Based on these unique product characteristics, GOES is used primarily in the production of laminated cores for large and medium-sized electrical power transformers and distribution transformers. 

The petitioners are represented in these actions by David A. Hartquist and John M. Herrmann of the law firm Kelley Drye & Warren LLP.

SOURCE Kelley Drye & Warren LLP

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