Skip to content

Trade

May 2, 2014

JSIC Statement on ITC decision on Diffusion-Annealed Nickel-Plated Flat-Rolled Steel Products from Japan

Statement of Kaoru Okamoto, Chairman Japan Steel Information Center (JSIC)

“On May 2, the U.S. International Trade Commission (ITC) determined as a result of an anti-dumping investigation that the domestic industry in the United States has been materially injured by imports of the Diffusion-Annealed Nickel-Plated Flat-Rolled Steel Products from Japan.

The Japanese steel industry argued during the investigation that imports of Diffusion-Annealed Nickel-Plated Flat-Rolled Steel Products from Japan have caused no injury to the domestic industry in the United States.

We believe that this decision it is not only unjust, it is in error. It is highly regrettable that the ITC has rejected the facts in this case and concluded that the domestic industry in the United States has been materially injured by Japanese imports, and decided to enact the anti-dumping measures.

The Japanese steel industry will carefully study this decision and, after discussing with Japanese government officials, determine an appropriate course of action.”

 

 

September 12, 2013

Statement of Kaoru Okamoto, Chairman, Japan Steel Information Center (JSIC)

On September 12, the U.S. International Trade Commission (ITC) voted to continue existing trade restraints on large diameter line pipes imported into the U.S from Japan following the second sunset review of the existing anti-dumping measures.

The Japanese steel industry as claimed during the sunset review proceedings that revocation of large diameter line pipes order on Japan is not likely to lead to continuation or recurrence of material injury to the U.S. steel industry.

Nonetheless, based on the determination in this sunset review, the ITC appears to have concluded that protection of the U.S. steel industry should be given the highest priority, continuing anti-dumping measures which were imposed more than ten years. This is unfair and extremely disappointing decision.

The Japanese steel industry will carefully study this decision and determine an appropriate course of action.

_________________________________________________________________________________________________________________________________________________________________________________

JSIC supports free trade for steel products. While JSIC recognizes that WTO Agreements allow the adoption and imposition of trade remedy laws (such as anti-dumping and countervailing duty laws), JSIC believes that, often, the manner in which these trade remedy laws are enforced itself results in undue protectionism.

In particular, JSIC believes that anti-dumping measures against steel products are often kept in force much too long, not with standing dramatic changes in the market.

We set forth below links to additional discussions of trade remedy issues that we support.

Economic Self-Flagellation:
How US Anti-dumping Policy Subverts National Export Initiative
Daniel J. Ikenson | Cato Institute

Protection Made to Order:
Domestic Industry’s Capture and Reconfiguration of U.S. Anti-dumping Policy
Daniel J. Ikenson | Cato Institute

The New Iron Age:
Steel’s Renaissance Beckons New Trade Policies
Daniel J. Ikenson | Cato Institute

The Japanese Steel Industry in the Global Market