Russian Rod Not Yet Beaten As Commerce Pursues Steel Case — Panjiva
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Russian Rod Not Yet Beaten As Commerce Pursues Steel Case

Commodities 189 Materials - Metals/Mining 792 Metals - Steel 542 Russia 132 Tariffs 1865 U.S. 5398 Ukraine 22

The U.S. Department of Commerce will investigate exports of steel wire rod from 10 countries after accusations of dumping. The pursuit of the case is not a surprise given the industry and petitioners involved, though there is no sign of an accelerated timetable. That contrasts with hawkish commentary from Commerce Secretary Wilbur Ross. It may be explained by the drop in imports already seen. Panjiva data shows shipments from the countries being investigated fell 47% in the three months to February 28 on a year earlier. Not all respondents appear worried though. Shipments from three of t...

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