Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Union Applauds Finding on Steel Import Dumping

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Union Applauds Finding on Steel Import Dumping

Article excerpt

The United Steelworkers on Monday applauded the U.S. Department of Commerce's determination that seven countries were selling their hot-rolled steel flat products in the U.S. below value.

In announcing the ruling late last week, the federal agency instructed the U.S. Customs and Border Protection "to collect cash deposits equal to the applicable weighted-average dumping margins."

In a statement, USW International President Leo Gerard said the ruling "levels the playing field with imports to provide fair and sustainable market prices for American steel, a critical step in restoring balance to the market."

Pittsburgh-based U.S. Steel on Friday issued a statement welcoming the federal department's determinations in cases filed in 2015. President and CEO Mario Longhi said, "The DOC's thorough investigations have resulted in findings confirming what we knew to be true - that these countries have subsidized and dumped steel products on our shores. …

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