Skadden has secured two significant victories in antidumping and countervailing duty (AD/CVD) cases for United States Steel Corporation (U.S. Steel). On June 22, the six commissioners at the U.S. International Trade Commission (ITC) unanimously decided that U.S. Steel and other domestic producers of cold-rolled steel have been materially injured by a surge of unfairly traded imports of cold-rolled steel from China and Japan. Two days later, the ITC similarly determined in the AD/CVD investigations of corrosion-resistant steel that U.S. Steel and other domestic producers have been materially injured by illegally subsidized imports from China, India, Italy and Korea, as well as by dumped imports from the aforementioned countries and Taiwan. As a result of these determinations, the U.S. Department of Commerce will issue AD/CVD orders imposing substantial duties on imports of cold-rolled steel and corrosion-resistant steel from the subject countries.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates