Circumvention Test Case Will Set Precedent For Steel 232 “Optimization” — Panjiva


Circumvention Test Case Will Set Precedent For Steel 232 “Optimization”

Materials - Metals/Mining 482 Metals - Steel 360 South Korea 383 Taiwan 98 Tariffs 1169 U.S. 3297 Vietnam 155

The U.S. Department of Commerce has launched circumvention investigations of corrosion resistant and cold-rolled steel from Vietnam at the behest of ArcelorMittal and U.S. Steel among others. They allege that substrate shipped from South Korea has been used to avoid duties against South Korea and Taiwan via minimal transformation in Vietnam. The timing may appear curious given the relevant duties, and initial shipments from Vietnam, date to 2015. Yet, the advent of section 232 duties of 25% on most American steel imports may lead overseas shippers to look for ways to “optimize” their tar...

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