ITC made the right call on hot-rolled steel imports

Posted by mmcmullan on 12/18/2013

Yesterday the International Trade Commission (ITC) announced the findings of its five-year review of countervailing duty (CVD) and antidumping (AD) orders placed on imports of hot-rolled steel from a handful of countries. But you know what, enough with the alphabet soup for a second. What was this case all about? From Joseph S. Pete at the Northwest Indiana Times:

The (ITC) ruled Tuesday that revoking existing duties on hot-rolled steel products from six foreign countries would cause economic damage to U.S. steelmakers and harm steelworkers, at least for the foreseeable future.

So the orders have been upheld. That’s a big deal; the steel products in question are hugely important to our domestic steel industry, because, no kidding, hot-rolled steel goes into just about everything. Cars, trains, appliances … you name it. Without those orders, the American steel industry’s health – and therefore, the thousands of manufacturing jobs it supports – would have been put at risk by international competition that competes with the benefit of heavy government subsidies.

Here’s some info on the case in favor of extending the CVD and AD orders. And here’s our press release that praises the ITC ruling.

Photo by Flickr user Erik Charlton used following Creative Commons guidelines.

Related recent Blogs

@KeepitMadeinUSA on Twitter

  • .@ArcelorMittalUS is doing great work with their Steelworker for the Future #apprenticeship program. #ActOnJobs 1 hour 30 min ago
  • "We need to take a jobs-driven approach to skills training." -@BarackObama #ActOnJobs 1 hour 35 min ago
  • "We're focused on bringing those jobs back." -@BarackObama #ActOnJobs 1 hour 36 min ago
  • Remember: it's not a "skills gap," it's a "jobs gap." #manufacturing #ActOnJobs 1 hour 38 min ago
  • "We got to train more Americans for the jobs that are there." -@BarackObama #ActOnJobs 1 hour 40 min ago
  • "If you work hard, you can get ahead. That's the promise of this country." -@BarackObama #ActOnJobs 1 hour 41 min ago
  • WATCH NOW: @BarackObama and @VP talk job-driven skills training at Community College of Allegheny County #mfg 1 hour 51 min ago
  • MT @ShawnaNBCNews: POTUS & VP are en route to Oakdale, PA to talk job training & announce another $450m in grants for training initiatives. 2 hours 22 min ago
  • .@hunterschwarz Hope @S_C_ takes advantage of LA #mfg sector to make the Made in America festival swag actually #MadeinUSA this year 2 hours 34 min ago
  • @EricMorath @willmauldin They're 0-11. RMB actually rose faster under Bush than Obama. 3 hours 16 min ago