Hot steel from Asia under five-year duty review microscope.
Published Date: 2/12/2025
Notice
Summary
The U.S. International Trade Commission is reviewing whether to keep or end special duties on hot-rolled steel from China, India, Indonesia, Taiwan, Thailand, and Ukraine. This review could affect steel prices and imports, with decisions expected soon. The review period might be extended by up to 90 days, so businesses and consumers should stay tuned for updates.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
Five-Year Reviews Could Change Steel Duties
The U.S. International Trade Commission scheduled full five-year reviews (notice dated February 6, 2025) to decide whether revoking the antidumping and countervailing duty orders on hot-rolled steel from China, India, Indonesia, Taiwan, Thailand, and Ukraine would likely lead to continuation or recurrence of material injury. Key dates in the review process include the prehearing staff report on July 7, 2025, and an in-person hearing beginning July 24, 2025. The review could affect steel imports and steel prices depending on the Commission’s final decision.
Review Period May Be Extended 90 Days
The Commission determined these reviews are "extraordinarily complicated" and will exercise its authority to extend the review period by up to 90 days. That extension could delay a final decision beyond the scheduled July–August 2025 filings and hearing dates, prolonging uncertainty for businesses that buy or import hot-rolled steel.
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Key Dates
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