|By PR Newswire||
|March 5, 2014 06:55 PM EST||
WASHINGTON, March 5, 2014 /PRNewswire-USNewswire/ -- Today, the U.S. Department of Commerce announced its preliminary determination that imports of grain-oriented electrical steel ("GOES") from China are benefitting from unfair government subsidies. As a result, it will instruct U.S. Customs and Border Protection ("CBP") to begin to require importers of Chinese-origin GOES to deposit estimated countervailing duties at the time of importation.
The Commerce Department's determination follows the filing, on September 18, 2013, of antidumping and countervailing duty petitions by domestic GOES producers AK Steel Corporation (NYSE: AKS) and Allegheny Ludlum, LLC d/b/a ATI Allegheny Ludlum, an Allegheny Technologies company (NYSE: ATI), as well as the United Steelworkers ("USW"), which represents workers engaged in the production of GOES at ATI Allegheny Ludlum. The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America ("UAW") subsequently expressed its support for the petitions, which allege that unfairly low-priced (or "dumped") and subsidized GOES imports from China, as well as dumped imports of GOES from the Czech Republic, Germany, Japan, South Korea, Poland, and Russia, are causing material injury to the domestic industry.
Based on information gathered to date, the Commerce Department preliminarily determined that GOES imports from China benefit from subsidies bestowed by the Government of China, resulting in a preliminary countervailing duty margin of 49.15 percent of the value of the imported steel. The Commerce Department investigated various subsidy programs based on allegations contained in the domestic industry's petition, as well as additional allegations the domestic industry submitted to the agency subsequent to the filing of its petition.
David A. Hartquist, of Kelley, Drye & Warren LLP, counsel to the domestic industry, stated, "We are very pleased with the Commerce Department's affirmative preliminary determination that the Government of China provides unfair subsidies to its domestic producers of grain-oriented electrical steel. The U.S. grain-oriented electrical steel industry has suffered lost sales and plummeting profitability due to unfairly traded imports from China and the other six countries named in the industry's petition. Remedial relief is needed to counteract the significant injury that is being caused by the unfairly traded imports."
The next step in the trade action will be the Commerce Department's issuance of preliminary antidumping determinations. The current deadline for the announcement of these preliminary antidumping decisions is Monday, May 5, 2014. If affirmative preliminary antidumping decisions are issued by the Commerce Department, U.S. importers will be required to post cash deposits or bonds on all future entries of GOES from China and the other six countries in the amount of the subsidy or dumping margin calculated by Commerce. Thus, as of early May 2014, U.S. importers of GOES from the seven countries named in the petition may be required to deposit estimated duties with CBP at the time of importation.
GOES is a flat-rolled alloy steel product that contains by weight at least 0.6 percent but not more than 6 percent of silicon, not more than 0.08 percent of carbon, and not more than 1 percent of aluminum. The petitions cover GOES that is sold in either sheet or strip form, in coils or in straight lengths. GOES is manufactured using a specialized rolling and annealing process that yields grain structures uniformly oriented in the rolling (or lengthwise) direction of the sheet, enabling it to conduct a magnetic field with a high degree of efficiency. Based on these unique product characteristics, GOES is used primarily in the production of laminated cores for large and medium-sized electrical power transformers and distribution transformers.
The petitioners are represented in these actions by David A. Hartquist, Jeffrey S. Beckington, and John M. Herrmann of the law firm Kelley Drye & Warren LLP.
SOURCE Kelley Drye & Warren LLP
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. Learn about IoT, Big Data and deployments processing massive data volumes from wearables, utilities and ot...
Feb. 28, 2015 11:00 AM EST Reads: 970
Even as cloud and managed services grow increasingly central to business strategy and performance, challenges remain. The biggest sticking point for companies seeking to capitalize on the cloud is data security. Keeping data safe is an issue in any computing environment, and it has been a focus since the earliest days of the cloud revolution. Understandably so: a lot can go wrong when you allow valuable information to live outside the firewall. Recent revelations about government snooping, along...
Feb. 28, 2015 11:00 AM EST Reads: 6,866
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Feb. 28, 2015 11:00 AM EST Reads: 2,595
SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named a “Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. CodeFutures is an independent software vendor focused on providing tools that deliver database performance tools that increase productivity during database development and increase database performance and scalability during production.
Feb. 28, 2015 11:00 AM EST Reads: 2,384
The IoT market is projected to be $1.9 trillion tidal wave that’s bigger than the combined market for smartphones, tablets and PCs. While IoT is widely discussed, what not being talked about are the monetization opportunities that are created from ubiquitous connectivity and the ensuing avalanche of data. While we cannot foresee every service that the IoT will enable, we should future-proof operations by preparing to monetize them with extremely agile systems.
Feb. 28, 2015 11:00 AM EST Reads: 1,113
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @Things...
Feb. 28, 2015 10:30 AM EST Reads: 2,360
SYS-CON Events announced today that Intelligent Systems Services will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1994, Intelligent Systems Services Inc. is located near Washington, DC, with representatives and partners nationwide. ISS’s well-established track record is based on the continuous pursuit of excellence in designing, implementing and supporting nationwide clients’ mission-cri...
Feb. 28, 2015 10:00 AM EST Reads: 1,137
PubNub on Monday has announced that it is partnering with IBM to bring its sophisticated real-time data streaming and messaging capabilities to Bluemix, IBM’s cloud development platform. “Today’s app and connected devices require an always-on connection, but building a secure, scalable solution from the ground up is time consuming, resource intensive, and error-prone,” said Todd Greene, CEO of PubNub. “PubNub enables web, mobile and IoT developers building apps on IBM Bluemix to quickly add sc...
Feb. 28, 2015 10:00 AM EST Reads: 4,589
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Feb. 28, 2015 10:00 AM EST Reads: 3,942
There has been a lot of discussion recently in the DevOps space over whether there is a unique form of DevOps for large enterprises or is it just vendors looking to sell services and tools. In his session at DevOps Summit, Chris Riley, a technologist, discussed whether Enterprise DevOps is a unique species or not. What makes DevOps adoption in the enterprise unique or what doesn’t? Unique or not, what does this mean for adopting DevOps in enterprise size organizations? He also explored differe...
Feb. 28, 2015 10:00 AM EST Reads: 2,287
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 28, 2015 10:00 AM EST Reads: 3,189
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
Feb. 28, 2015 09:45 AM EST Reads: 2,192
Data-intensive companies that strive to gain insights from data using Big Data analytics tools can gain tremendous competitive advantage by deploying data-centric storage. Organizations generate large volumes of data, the vast majority of which is unstructured. As the volume and velocity of this unstructured data increases, the costs, risks and usability challenges associated with managing the unstructured data (regardless of file type, size or device) increases simultaneously, including end-to-...
Feb. 28, 2015 09:45 AM EST Reads: 1,956
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, includin...
Feb. 28, 2015 09:45 AM EST Reads: 684
The excitement around the possibilities enabled by Big Data is being tempered by the daunting task of feeding the analytics engines with high quality data on a continuous basis. As the once distinct fields of data integration and data management increasingly converge, cloud-based data solutions providers have emerged that can buffer your organization from the complexities of this continuous data cleansing and management so that you’re free to focus on the end goal: actionable insight.
Feb. 28, 2015 09:30 AM EST Reads: 1,593