This Afternoon in Metals News: DOC Rules on Carbon and Alloy Steel Wire Rod

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The U.S. Department of Commerce. qingwa/Adobe Stock

This afternoon in metals news, the U.S. Department of Commerce issues an affirmative preliminary ruling on carbon and alloy steel wire rod, Kobe Steel loses a quality seal on its copper products and the U.S. International Trade Commission launched a Section 337 investigation of amorphous metal and amorphous metal cores.

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DOC Issues Affirmative Ruling

The U.S. Department of Commerce announced Wednesday evening that it had issued an affirmative preliminary ruling in its antidumping duty investigation of carbon and alloy steel wire rod.

The investigation targets those products coming from Italy, Korea, South Africa, Spain, Turkey, Ukraine and the United Kingdom, with the DOC finding “that producers/exporters in these countries have sold carbon and alloy steel wire rod in the United States at less than fair value,” according to a DOC release about the announcement.

Kobe Steel Loses Quality Seals

The latest setback for embattled Kobe Steel, Japan’s third-largest steelmaker? The firm lost the quality seal for its copper products, the BBC reported.

The Japanese company continues to struggle on the heels of a quality data falsification scandal.

USITC Looks into Amorphous Metal

The U.S. International Trade Commission announced Wednesday that it launched a Section 337 investigation of amorphous metals and amorphous metal cores, which are used in things like electric transformers.

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According to the USITC release regarding the announcement, the investigation is based on a complaint filed by Metglas, Inc., of Conway, SC, and Hitachi Metal, Ltd., of Tokyo, Japan, on Sept. 19, 2017.

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