The U.S. ITC decided in favor of the steel industry in two cases against China on March 3. On cut-to-length carbon / alloy plate it applied duties of up to 251%. The case has been successful in cutting both Chinese exports, which were near zero in December, and more generally as global imports fell to their lowest level since September 2009. The case on stainless steel strip has been less successful. While duties of up to 191% will be applied and Chinese exports to the U.S. fell 94% on a year earlier in the fourth quarter, global imports increased 26%. That was due to an increase in ship...