U.S. Plays Whack-a-Roll With Steel Cases — Panjiva
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U.S. Plays Whack-a-Roll With Steel Cases

Austria 16 Brazil 415 China 3048 Commodities 189 Germany 267 India 551 Materials - Metals/Mining 792 Metals - Steel 543 South Korea 605 Tariffs 1866 U.S. 5399 USMCA 462 United Kingdom 389

The U.S. has determined that five countries, including South Korea and the U.K., have been dumping cold-rolled steel into the U.S. – an echo of a case from June against China. This has not prevented imports growing. Panjiva data shows imports from the five countries being investigated averaged $30 million per month in 1H, and continued to grow until a small reversal in August. U.S. steelmakers may need to look for more cases – total U.S. imports grew at least 6.1% in the three months to August 30 vs. a year earlier.

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