Japanese mills welcome expiration of CR steel duties

Japanese mills welcome expiration of CR steel duties

The Japanese Steel Information Center announced that the International Trade Commission's (ITC) finding that Japanese cold-rolled sheets are fairly exported to the US pleased Japanese steelmakers. The ITC originally found “no injury” in a 2002 case; however, many US steelmakers appealed to the Court of International Trade and the Court of Appeals. As a last resort, they took their case to the U.S. Supreme Court. However, the ITC found that imposition of additional antidumping duties, apart from the Section 201 tariffs, would be a violation to the remedial nature of the antidumping statute. Accordingly, the duties expired on October 5, 2005.