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Imports Of Electrical Steel Up Substantially, Says SSINA

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WASHINGTON, Oct.11, 2012 /PRNewswire-USNewswire/ -- The Specialty Steel Industry of North America ("SSINA") expressed growing concern over the substantial increase in imports of grain-oriented electrical steel (GOES) in 2012.  "Official U.S. government statistics through July, 2012, plus preliminary import data for August and September, show imports from four key exporters -- Japan, Korea, Poland and Russia -- up 32 percent over the same period last year," said counsel David A. Hartquist, international trade lawyer and a partner at Kelley Drye & Warren LLP.  "The average unit values shown in the statistics are quite low, indicating possible dumping and below-cost sales in the United States.  Domestic producers are assessing the situation to determine whether U.S. trade laws are being violated."

Grain-oriented electrical steel is used in large power transformers and distribution transformers.

About the Specialty Steel Industry of North America

Specialty Steel Industry of North America (SSINA) is a Washington, DC-based trade association representing virtually all continental specialty metals producers, which include high technology, high value stainless and other specialty alloy products.

SSINA member companies include: ATI Allegheny Ludlum, Pittsburgh, PA and ATI Allvac, Monroe, NC (both Allegheny Technologies companies); Carpenter Technology Corporation, Reading, PA; Crucible Industries, Solvay, NY; Electralloy, Oil City, PA; North American Stainless, Ghent, KY; Universal Stainless and Alloy Products, Bridgeville, PA; and Valbruna Slater Stainless Inc., Fort Wayne, IN.

SOURCE Specialty Steel Industry of North America



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