KYODO – The U.S. International Trade Commission said it decided Thursday to terminate an antidumping duty order on imports of hot-rolled steel sheets from Japan and Brazil.
The U.S. antidumping measure on hot-rolled steel imports from Japan became the subject of a bilateral trade dispute in the early 2000s, and the World Trade Organization determined that the measure ran counter to its rules.
Eiji Hayashida, chairman of the Japan Iron and Steel Federation, welcomed the ITC decision as confirming the consistent position of the Japanese steel industry that exports of hot-rolled steel from Japan are not likely to lead to the continuation or recurrence of material injury to the U.S. steel industry
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.