NSC Receiver Asks Gov't for Help in Anti-Dumping Case

By Cahiles-Magkilat, Bernie | Manila Bulletin, August 3, 2000 | Go to article overview

NSC Receiver Asks Gov't for Help in Anti-Dumping Case


Cahiles-Magkilat, Bernie, Manila Bulletin


The Interim Receivership Committee (IRC) of the National Steel Corp. (NSC) has asked the government to waive the domestic industry requirement to enable the company to pursue its anti-dumping case against foreign steelmakers.

In a letter to Trade and Industry Secretary Manuel A. Roxas II, IRC chair Monico V. Jacob stressed the need for the government to extend all the help to put NSC back on its feet.

The Interim Receivership Committee (IRC) of the National Steel Corp. (NSC) has asked the government to waive the domestic industry requirement to enable the company to pursue its anti-dumping case against foreign steelmakers.

In a letter to Trade and Industry Secretary Manuel A. Roxas II, IRC chair Monico V. Jacob stressed the need for the government to extend all the help to put NSC back on its feet.

"This domestic industry is not yet dead, it is merely dormant and directly needs this remedy (anti-dumping duties)," Jacob said in a letter, which was also furnished to the Tariff Commission.

Under the new Anti-Dumping Law, for a petitioner to gain the right to file for an anti-dumping case it should be considered a domestic industry. For one to be considered a domestic industry it is should maintain its command of 50 percent of total domestic output.

The IRC noted that the imposition of dumping were earlier restrained because of the suspension of NSC's operation thereby depriving it of its legal personality as the domestic producer.

But government official said it would be difficult to waive the 50 percent domestic producer requirement because aside from being embodied in the law, it is also a mandatory rule of the World Trade Organization. …

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