The U.S. ITC received three anti-dumping / countervailing duty petitions in January, the most since August. Two relate to steel, which is notable given the Trump administration’s section 232 review of the industry is due shortly. The petition regarding cast iron soil pipes is unlikely to meet “national security” considerations, though the imports of large diameter steel pipes – which totaled $880 million in the past 12 months to November 30 – may do so. Imports of those products climbed 45% on a year earlier and in September reached the highest since July 2015. That was due to a 12x ris...
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