AIIS demands temporary suspension of AD duties
American Institute for International Steel (AIIS) has recently demanded antidumping duties on finished steel products to be suspended temporarily as finished steel imports are historically low for a robust market in Jan-July period of this year.
Statistics show that
US steel imports in July decreased by 11.3% to 2.7 million mts from 3.05 million mts recorded in June. Although imports indicate an increase in the first seven months of this year, AIIS says that the import levels are still low in proportion to the market condition. Therefore AIIS demands temporary suspension of antidumping duties on finished steel products, similar to the action taken by
China.