1. A Senate panel held hearings from members of the U.S. industry and Clinton administration officials on whether foreign countries are illegally dumping cheap steel on the American market. 2. Some union members plan a Seattle Steel Party, modeled on the Boston Tea Party, in which they will dump Chinese steel into the city harbor here. 3. The Department also concluded that Russian makers had dumped their steel, but penalities were not announced because negotiations over the agreement announced Monday were already under way. 4. American companies say the subsidized steel is being dumped on the American market. 5. He accused Japan of protecting its own steel industry while dumping cheap steel in the United States. 6. He said that in Thailand, local companies had recently taken action against South Korean exporters dumping steel. 7. Japanese steelmakers and industry representatives have denied a U.S. claim that Japan is dumping steel in the American market, a media report said Saturday. 8. This means Japanese and Russian steel makers could face retroactive dumping duties if they are found to have actually dumped steel. 9. He also warned other countries affected by the tariffs they would be hit hard if they tried to dump their steel on the Australian market. 10. There was also the threat of other countries, particularly the European Union, looking to dump their steel in Australia. |