HomeBlogSixth Company Files Petition Against Imported Hot Rolled Steel

Sixth Company Files Petition Against Imported Hot Rolled Steel

The number of domestic producers of steel fighting unfair prices on imports just grew by one more. AK Steel is the latest company to file a complaint against hot-rolled steel being imported from countries like Australia, Turkey, South Korea, Brazil, Japan, the Netherlands, and the United Kingdom. The company filed anti-dumping and countervailing duties against the imported products with the U.S. Department of Commerce and the U.S. International Trade Commission on August 11.

The fiver other domestic steel makers involved in the dispute include: ArcelorMittal USA LLC, SSAB Enterprises, U.S Steel Corp., Nucor Corporation and Steel Dynamics, Inc. The case is based on the companies’ claims that imported hot rolled steel is being sold at a value that is less than fair, which is saturating the products’ markets. The corporations are seeing and feeling a significant impact due to the much lower prices.

The CEO of AK Steel, James Westcott, said to the Dayton Business Journal “Imports have been flooding our shores, substantially reducing selling prices, shipment volumes, and earnings.”

Hot rolled steel is a common product produced by steelmakers. It has various applications including car parts, appliances, machine parts, and transportation equipment – just to name a few.

JD Fields Construction Group

JD Fields Construction Group

Prior to founding J D Fields & Company, Jerry Fields gained decades of experience in construction products and piling applications managing equipment rentals, material sales, and product operations. Coupled with his oil and gas experience, Jerry built a rock solid foundation of industry knowledge and relationships that allowed him and his partners to start the company in 1985. Incorporated in Houston, Texas, JDF quickly diversified into multiple construction markets and applications. Today, it is a premiere international source for natural gas pipe and piling products. Strategically positioned at the Port of Houston corridor, our flagship stocking facility has 40 acres of laydown area with steel processing and fabrication capabilities. We carry more than 50,000 tons of pipe and piling inventory throughout the states to serve North America, Canada, Mexico, the Caribbean and other international markets.

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