U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel

Business Wire 6-Sep-2024 2:45 PM

On September 5, 2024, U. S. Steel, along with the United Steelworkers union ("USW") and Wheeling-Nippon, has filed antidumping and countervailing duty petitions with the United States Department of Commerce ("DOC") and the United States International Trade Commission ("ITC"), on imports of corrosion-resistant steel ("CORE") from Australia, Brazil, Canada¹, Mexico, Netherlands, South Africa, Taiwan, Turkey, United Arab Emirates, and Vietnam.

Duane D. Holloway, Senior Vice President, General Counsel and Chief Ethics & Compliance Officer of U. S. Steel, commented, "As we have for decades, U. S. Steel continues to lead the domestic industry in the fight against unfair trade on behalf of our workers, families, communities, and customers we serve. These new trade cases—the largest filed by U. S. Steel in nearly a decade—will address low-priced and subsidized CORE imports that continue to pour into the U.S. market. These cases aim to restore a level playing field and support our investments in Big River Steel's new dual coating line and second mini-mill in Arkansas, as well as U. S. Steel's CORE facilities across the country."

Holloway added, "We also applaud Wheeling-Nippon's decision to be a petitioner in this trade case. Wheeling-Nippon is rising to the occasion, standing up and fighting for its hardworking steelworkers in West Virginia, alongside U. S. Steel and the USW."

DOC is expected to initiate these new cases and the ITC is expected to hold a public preliminary staff conference this month. The DOC and ITC final orders are not expected until October 2025. The petitions can be accessed online at https://ids.usitc.gov/case/8223/investigation/8631.

About U. S. Steel

Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company's customer-centric Best for All^® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel's proprietary XG3^® advanced high-strength steel. The Company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.

¹ U. S. Steel, the USW, and Wheeling-Nippon take no position on Canada.

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