WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) today applauded the International Trade Commission’s (ITC) unanimous finding that the U.S. steel industry has been injured by cold-rolled steel imports from China and Japan. This positive decision is good news for Ohio steel companies and will result in new antidumping and countervailing duty orders against the countries’ steel imports.
“Ohioans have seen the impact of unfair trade practices – like dumping – first-hand. The surge in unfairly traded steel has shut down factories and put our steelworkers out of jobs,” said Brown. “Today’s decision will hold China and Japan accountable for their actions and provide needed relief to our domestic steel industry.”
Brown testified at a hearing on the case last month. The cold-rolled steel case is one of three filed by U.S. steel companies, including: U.S. Steel, AK Steel, ArcelorMittal, and Nucor, all of which have Ohio locations and together employ more than 8,255 Ohioans.
Brown has worked to crack down on countries that unfairly import their products into the U.S. Last month, Brown called on the Administration to bring a World Trade Organization (WTO) case against China in an efforts to address steel overcapacity, which has hurt the domestic steel industry.
Brown’s legislation, the Leveling the Playing Field Act, introduced in March 2015 and signed into law in June 2015, has restored strength to antidumping (AD) and countervailing duty (CVD) statutes that allow businesses and workers in the United States to petition the Commerce Department and the ITC when foreign producers sell goods in the U.S. below market price or receive illegal subsidies. This legislation helped the companies succeed in today’s case.
The four companies with Ohio locations have a presence in the following areas: