US discussions to include Turkey & India in S201
According to the latest reports from the industry, the US trade officials are considering to include
Turkey and
India in the scope of the S201 safeguard measures and an investigation on the steel imports from these coutries is being initiated.
Such investigation is decided upon the presentation of the
US steel producers evidencing data that imports from these developing countries are exceeding the 3% of the related products' total imports into the US.
According to the data published by AISI, a total tonnage of 1'805'000 finished steel products are imported into the US in August. 65'000 tons of this total is imported from
Turkey and 28'000 tons from
India. The 8-months total of imports is 14'686'000 tons, 682'000 tons of which is coming from
Turkey and 294'000tons from
India. According to these numbers, percentage of total Turkish imports is 3.6 for the month of August and 4.6 for the total 8 month overall.
However, the exact situation and breakdown of percentages will be verified after completion of the investigation on product basis.
Initially
India and
Turkey were excluded from the S201 safeguard measures due to their developing country status.