Printer Friendly

INTERNATIONAL TRADE COMMISSION VOTES IN FAVOR OF STEEL DUMPING CASE DURING PRELIMINARY INJURY DETERMINATION

 INTERNATIONAL TRADE COMMISSION VOTES IN FAVOR OF STEEL
 DUMPING CASE DURING PRELIMINARY INJURY DETERMINATION
 CANTON, Ohio, July 21 /PRNewswire/ -- Today, the International Trade Commission voted in favor of Republic Engineered Steels and The Timken Company (NYSE: TKR) in its preliminary injury determination for the steel dumping case the companies filed on behalf of domestic producers.
 The two companies seek the imposition of anti-dumping duties on imports from Brazil of alloy and carbon hot-rolled bars and rods of special bar quality engineered steel. Their comprehensive anti- dumping petition was filed with the U.S. Department of Commerce and the U.S. International Trade Commission on June 9, 1992.
 The International Trade Commission's vote today in favor of the suit is a significant step toward an anti-dumping duty order. "The vote is an indication of the merit of the case and sends a strong signal to foreign producers who are unfairly pricing their steel in the United States' marketplace," said Charles H. West, executive vice president - steel for The Timken Company. "Injurious, unfair pricing of merchandise clearly violates our existing trade laws and we are encouraged by the Commission's vote."
 The Commerce Department will now investigate the margins of dumping that exist in sales to the U.S. from Brazil. Its initial determination is expected to be made by November.
 Republic Engineered Steels, an employee-owned company is headquartered in Massillon, Ohio. Republic has plants in Canton and Massillon, Ohio; Beaver Falls, Pa.; Gary, Ind.; Willimantic, Conn.; and Chicago. The Timken Company has three steel plants in Canton, Ohio, and one in Wooster, Ohio.
 -0- 7/21/92
 /CONTACT: Kari Groh of The Timken Company, 216-471-4324/
 (TKR) CO: The Timken Company ST: Ohio IN: AUT SU:


BM -- CL028 -- 1490 07/21/92 16:08 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 21, 1992
Words:292
Previous Article:MOTOROLA RECEIVES ADDITIONAL ENDORSEMENT OF ITS NAMPS TECHNOLOGY -- TOTAL OPERATORS NOW SIGNED REACHES SIX
Next Article:CITIZENS FIRST BANCORP REPORTS INCREASED PROFITABILITY
Topics:


Related Articles
TRADE COMMISSION RULES THAT STEEL INDUSTRY IS BEING INJURED BY IMPORTS
IN OHIO SPEECH, BETHLEHEM STEEL EXECUTIVE SAYS ILLEGAL STEEL IMPORTS HAVE COST U.S. INDUSTRY JOBS AND PROFITS
PRELIMINARY IMPORT DUTIES SET FOR STEEL DUMPED IN U.S. BY BRAZIL
BETHLEHEM STEEL CEO ADDRESSES STUDENTS
JAPAN CHARGED WITH DUMPING BY STAINLESS STEEL ANGLE PRODUCER
DUMPING PETITION ON STAINLESS STEEL ANGLE RECEIVES GO AHEAD FROM ITC
Geneva Steel and Gulf States Steel File Anti-Dumping Cases
ITC Makes Unanimous Affirmative Injury Determination in Plate Dumping Case
Ispat International Comments on U.S. Department of Commerce Preliminary Ruling on Dumping Announcement
Geneva Steel Company Seeks Remedies Against Unfairly Traded Imports from Russia, Japan and Brazil.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters