The U.S. International Trade Commission (ITC) voted in late June to continue the existing countervailing duty order on circular welded pipe and tube from Turkey; the existing antidumping duty orders on circular welded pipe and tube from Brazil, India, Korea, Mexico, Taiwan, Thailand, and Turkey; and the existing antidumping duty order on light-walled rectangular pipe and tube from Taiwan.
China's stunning economic growth in recent years, particularly in the manufacturing sector, has increased the country's demand for energy and other commodities, which has affected wider global commodity markets in complex ways.
A new study sponsored by four organizations representing steel producers documents the artificial advantages fueling the unprecedented 170% growth rate of the Chinese steel industry from 2000 to 2005. The China Syndrome: How Subsidies and Government Intervention Created the World's Largest Steel Industry details the impact on the U.S. economy of subsidies in the form of tax refunds, cash grants, preferential loans, currency manipulation, discounted interest rates and other preferential Chinese policies on the competitiveness of the international steel market.
In this issue of Supply House Time, learn more about the AD buying group leverages the latest marketing, networking and technology strategies to best help its members and supplier partners succeed, which is the cover story.