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Steel Duties Remain—the ITC Simply Doesn’t Get It

Friday, April 15, 2005
 
Yesterday (April 14), the International Trade Commission (ITC) voted to continue antidumping duties on imported hot-rolled flat-rolled steel products from Japan, Brazil and Russia. The decision followed the ITC’s five-year review of the 188 duties, many of which have been in place since the early 1990s. The Precision Metalforming Association (PMA) lobbied hard to allow the duties to expire. “With record-high steel prices and healthy profits for the steel industry in 2004,” says PMA president William E. Gaskin, “there is no economic justification for the continuation of these duties. Is this permanent protection for the steel industry at the expense of their customers?” Costs for flat-rolled steel comprise 40 to 60 percent of the sales dollars for most metalforming companies. “It is disturbing that the U.S. government trade policy continues to work against steel-consuming companies,” continues Gaskin. “Maintaining the duties will reduce demand for steel in this country over the long term, and will distort the market for years to come, putting many U.S. metalforming companies at a disadvantage to their foreign competitors….The decision means that some of these small companies simply won’t survive. It’s government protectionism at its worst.” View the ITC’s official statement at http://usitc.gov/.

Great Designs in Steel Presentations
Available Online

Thursday, April 14, 2005
 
Presentations from the Great Designs in Steel Seminar 2005, held March 9 in Livonia, MI, are now available for download at www.autosteel.org. The seminar was organized and presented by the steel-producer members of the Automotive Applications Committee of the American Iron and Steel Institute. It drew 1328 attendees and offered 30 presentations, one third of which were given by automotive OEMs. Nine presentations addressed fabrication with advanced high-strength steels.

M.S. Willett Redesigns Website

Wednesday, April 13, 2005
 
Production stamper and tool-and-die builder M.S. Willett, Inc., Cockeysville, MD, has redesigned its website, www.mswillett.com. The updated site includes short movie clips demonstrating the firm’s ability to design, develop, manufacture and automate metal stampings and assemblies. M.S. Willett provides a range of secondary operations including automated resistance welding, in-die and offline tapping and robotic welding. Its Tool & Die Group, known for high-speed transfer systems, designs and builds tools and dies, custom automation machines and production systems for sheetmetal components and light metal packaging.

 

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