Brown, Portman to Testify on Anti-Dumping Duties
WASHINGTON – U.S. Sens. Sherrod Brown, D-Ohio, and Rob Portman, R-Ohio, will testify today before the International trade Commission on behalf of several steel companies with Ohio locations during a final determination hearing on antidumping and countervailing duties on cold-rolled and corrosion-resistant flat steel products.
The steel companies include US Steel Corp., AK Steel Corp, Nucor and ArcellorMittal.
Brown and Portman co-sponsored the Leveling the Playing Field Act, which was signed into law last year. The law makes it easier for workers and businesses to petition the Commerce Department and the International trade Commission when foreign producers attempt to cheat trade laws by selling goods in the United States below market price or receive illegal subsidies.
The legislation “restored strength to antidumping and countervailing duty statues to the benefit of the domestic steel industry, which has been especially hard-hit by unfair trade,” the senators said in a joint statement announcing their testimony.
The hearing is set for 9:30 a.m.
Copyright 2023 The Business Journal, Youngstown, Ohio.