Steel Made at Northwest Indiana Factory Used in Navy vessels

Welding MAM

BURNS HARBOR, Ind. (AP) – The 337-foot USS Illinois submarine was built with steel made at the Arcelor Mittal USA factory in northwest Indiana. Read more of this post

US Imposes 266% Duty on Imports of Steel from China

US Imposes 266% Duty on Imports of Steel from China

Producers in China and six other countries sold cold-rolled steel at unfairly low prices in the U.S. market and will be taxed as much as 266% on the price, the Commerce Department said in a preliminary decision on March 1. Read more of this post

The European Commission found that Beijing illegally subsidizes Chinese steel producers.

china dumping steelBEIJING (Reuters) – The European Union will not be drawn into a trade war with China, the EU’s ambassador to the country said on Wednesday, a day after trade sources said the European Commission found that Beijing illegally subsidizes Chinese steel producers.

The Commission is investigating 37 dumping and subsidy cases, 21 of them involving China, and Tuesday’s preliminary finding asked EU members to back punitive tariffs against Chinese steel firms, a move that angered Beijing.

But EU Ambassador to China Markus Ederer said he was puzzled by and “flatly rejects” reports of atrade war between the two economies which together comprise the world’s largest trade relationship.

“I don’t want this to become a self-fulfilling prophecy. First of all, it takes two for a war, and I can declare here that the EU is not available for a trade war with China,” Ederer told a news briefing.

China’s Commerce Ministry spokesman Shen Danyang on Wednesday called the Commission’s investigation into steel subsidies “unreasonable”.

“Such a conclusion based on unreasonable investigations will seriously hurt Chinese companies’ legal rights and interests,” Shen said at a separate news briefing.

European anti-dumping and anti-subsidy duties affect less than 1 percent of Chinese exports to Europe, Ederer said.

“China, as well, has investigations, as you know, into European exports to China. We have no issue with that as long as it is under WTO rules,” he said, adding that observers should not “over dramatize” the issue.

The Commission’s ongoing investigations include a study of the alleged dumping of 21 billion euros of solar panels and components by Chinese producers. A preliminary ruling on that case, the Commission’s largest investigation to date, is due in the first half of 2013.

The European Union is China’s biggest trading partner while for the EU, China is second only to the United States.

(Reporting by Michael Martina and Aileen Wang; Editing by Jeremy Laurence)

Schumer wants all military steel to be made in USA

ROCHESTER, N.Y. — Sen. Charles Schumer is calling on the Defense Department to restore the requirement that all steel used in military contracts be made in the United States.

Schumer is visiting Klein Steel in Rochester this morning. He says the military got all of its steel from domestic producers like Klein for 35 years until 2009, when the Defense Department dropped the made-in-the-USA requirement as demand soared due to the Iraq and Afghanistan wars.

Now that the Iraq war has ended, Schumer says ample U.S. manufacturers exist to meet the military’s demand.

Schumer says reinstating the rule would likely bring new work to Klein, which currently employs more than 200 in Rochester.

Factbox: China-U.S. trade disputes pile up

(Reuters) – Tension in trade and investment between China and the United States, the world’s two largest economies, has been rising against the backdrop of global economic uncertainty.

Below is a list of some of the Sino-U.S. trade disputes affecting various economic sectors, arranged in order of the most recent.

AUTOMOBILE

December 14, 2011 — China’s Commerce Ministry set punitive duties of up to 22 percent on large cars and sport-utility vehicles (SUV) exported from the United States. U.S. lawmakers promptly urged President Barack Obama’s administration to challenge the measures.

China had launched its investigation in 2009 following American duties on Chinese seamless steel pipe.

POULTRY

December 2011 — The United States asked the World Trade Organization (WTO) to strike down China’s heavy anti-dumping duties on U.S. chicken products.

The WTO had earlier ruled against a U.S. congressional gag order that banned regulators from discussing cooked chicken imports with their Chinese counterparts. The gag order was replaced by a requirement that regulators begin discussions.

U.S. breeders like Tyson Foods Inc sell chicken feet and wings, virtually worthless in the U.S. market, to China, where they are hugely popular, helping pad their profit margin on each chicken. They have supported the Chinese food industry’s bid to cook and can chicken for export to the U.S.

STEEL CYLINDER

December 2011 — The Commerce Department announced a preliminary 22.34 percent countervailing duty and added additional preliminary duties of 5 to 26 percent on high-pressure steel cylinders from China to protect the only remaining U.S. producer of the product, Norris Cylinder Co.

SOLAR PANELS

November 2011 — U.S. solar panel makers asked their government to impose stiff duties on Chinese-made solar energy products that they said unfairly undercut prices and destroy thousands of American jobs.

RENEWABLE ENERGY POLICY

November 2011 — China announced an investigation into U.S. government policy and subsidies for renewable energy, wind energy, solar and hydro technology products, two weeks after the U.S. decided to investigate sales of Chinese-made solar panels.

CURRENCY

October 2011 — The U.S. Senate passed a bill that allows companies to seek countervailing duties on goods from countries with undervalued currencies, in legislation that clearly targets China.

Top Obama administration officials have criticized China’s currency practices, saying the country’s efforts to keep its currency artificially low create an unfair trade advantage.

STEEL WHEEL

October 2011 — The U.S. Commerce Department set preliminary anti-dumping duties of up to 193.54 percent on about $80 million of steel wheels from China.

A final decision is due in January 2012.

TIRES

September 2011 — China lost its appeal over a 35 percent “safeguard” duty on Chinese-made tires imposed by the Obama administration in September 2009.

The original U.S. complaint was brought by the steelworkers’ union. It was the first time the Obama administration invoked the safeguard clause agreed to when China entered the WTO.

COATED PAPER

September 2011 — The United States set anti-subsidy and anti-dumping duties ranging up to 313.8 percent on coated paper from China. The paper is used in the printing of corporate annual reports, high-end catalogs and magazines, and other such applications.

In 2011, the European Union assessed its first-ever anti-subsidy duties against China, also on coated paper.

RAW MATERIALS

July 2011 — The WTO ruled that Chinese export restrictions, including taxes and quotas, on several raw materials unfairly raise international prices, while keeping input costs lower for manufacturers in China.

China said in August it would appeal the ruling, which threatens its defense for similar controls on rare earths.

WIND POWER TECHNOLOGY

June 2011 — China agreed to stop subsidizing wind power firms that use domestic equipment in place of imports, after the United States requested WTO consultations over the Chinese subsidies.

STEEL, SACKS AND TYRES

March 2011 — The WTO overturned on appeal a ruling that had supported U.S. anti-dumping and anti-subsidy tariffs against Chinese steel pipe, woven sacks and off-road tires. The Chinese argued that the United States could not simultaneously use other markets to determine the fair price of goods made in China, deemed a non-market economy, and penalize it for state subsidies.

While the Chinese won the appeal the WTO found in favor of the U.S. view that discounted land, electricity and loan prices constituted a subsidy. It also found that while not all state-owned enterprises are “public bodies,” state-owned banks can be so considered.

Those arguments are likely to be used by the U.S. in future anti-subsidy cases against Chinese state-owned firms.

SPECIALTY STEEL

February 2011 — The United States asked the WTO to rule on its allegation that China imposed anti-dumping and countervailing duties of more than 100 percent on imports of grain-oriented flat-rolled electrical steel, without sufficient evidence of unfair pricing practices or government subsidies.

CREDIT CARDS

February 2011 — The United States accused China in a WTO complaint of creating a monopoly in its electronic payments market, allowing China Union Pay to handle most credit and debit card transactions made by Chinese consumers.

COPPER PIPES

October 2010 — The United States set final duties ranging up to 61 percent on hundreds of millions of dollars of copper pipe and tube from China.

SEAMLESS STEEL PIPE

November 2009 — The United States imposed anti-dumping duties ranging from 48.99 percent to 98.74 percent on seamless steel pipe from China. It also slapped countervailing duties of 13.66 percent to 53.65 percent on the pipe, used in the oil and gas industry.

DISTRIBUTION SERVICES AND INTELLECTUAL PROPERTY RIGHTS

December 2009 — China lost its appeal of a WTO ruling that its curbs on importing and distributing foreign publications and audiovisual products violate its WTO commitments.

Beijing accepted the ruling in July 2010, and U.S. industry groups are closely watching how it complies.

In two related cases, the WTO ruled that China could censor content but could not establish monopoly importers for foreign media that is already widely available in pirated form.

(Compiled by Lucy Hornby and Beijing Newsroom; Editing by Robert Birsel)

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