Sumitomo’s Sponge Supplies Face Squeeze as National Security Case Launched — Panjiva
Más

Panjiva_research_logo

Sumitomo’s Sponge Supplies Face Squeeze as National Security Case Launched

Japan 381 Materials - Metals/Mining 482 Tariffs 1169 U.S. 3297

The U.S. Commerce Department has launched a national security based tariff review (section 232) of titanium sponge imports at the behest of Titanium Metals Corp. Titanium sponge is a precursor for most titanium products and is used across aerospace and industrial processes. The case faces many complications. The Commerce Department had determined in 2017 that dumping of sponge had not harmed the U.S. industry. Legislation is underway through Congress to restrict the use of the section 232 reviews. Additionally there may be questions whether Japanese suppliers, which accounted for 93.0% o...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.