BREAKING NEWS: ITC Recommends Array Of Steel Import Penalties
The International Trade Commission 201-73 announced its recommendations for remedies to unfair steel imports on Dec. 7. Although mostly in favor of various tariffs and quotas, the six commissioners failed to reach consensus in presenting their recommendations to President Bush, who has until Feb. 19 to act upon the ITC recommendations.
As Supply House Times reported last month, the ITC voted down claims of injury in seamless carbon & alloy pipe, seamless and welded OCTG, and both seamless and welded stainless steel pipe. The categories for which action was recommended are as follows: