AK Steel raised steel prices and filed a complaint about dumping

The leading metallurgical company AK Steel announced on Tuesday October 1 on increasing prices for cold -rolled and hot -rolled sheet steel to 790 and 680 dollars per ton, respectively. In addition, the company announced a complaint to the US Department of Trade of unfair prices when importing cold -rolled electrical steel from six countries of the world.

As stated in the AK Steel statement, the production of steel in China, Korea and in Taiwan receives significant subsidies from the state and using this underestimates the prices of the metal distribution below the economically reasonable level. In this regard, AK Steel requires the introduction of barrage duties in the following sizes:



The above countries accounted for 92 percent of the entire import of electrical steel in the United States in 2012. Recall that a year earlier, AK Steel lawyers considered the possibility of filing a complaint about such a product as sewer hatch , but did not pick up a sufficient amount of evidence.

The complaint emphasizes that the dumping has a negative impact on the production of AK Steel and can lead to loss of jobs in the company. Against the background of the US market, foreign manufacturers reduce prices, offering their products below the cost.

the country
China	238 - 238 - 238 - 238 - 238 - 238 - 238 - 397 percent
Germany	70 - 87 percent
Japan	88 - 221 percent
	6 - 71 percent of the percentage
SHVECTION	62 - 125 percent
TAIVAN	51 - 106 percent

Azovpromstal® 2 October 2013 г. 13:00