US Workers Petition Imports from 10 Countries up 57%, Hurting Domestic Employment

[ABS News Service/06.09.2024]

The United Steelworkers union and US steel producers, including Steel Dynamics Incorporated are seeking relief from under-priced and subsidized imports of corrosion resistant flat rolled steel from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, UAE, and Vietnam.

In petitions filed with the Commerce Department and International Trade Commission, the groups allege that imports from the ten countries are being dumped on the US market and subsidized in the case of Brazil, Canada, Mexico and Vietnam.

The company was joined by four other organizations in at least one or more of these cases.

“Between the first half of 2023 and the first half of 2024, imports of CORE from the ten subject countries surged from less than 1.25 million tons to almost two million tons, a significant 57 percent increase.” according to Steel Dynamics President and Chief Operating Officer Barry Schneider.