The U.S. ITC will continue investigating exports of stainless steel flanges from China and India. That isn’t a surprise given the ITC’s recent record. The case will also likely get support from the administration of President Donald Trump as it touches on two political hot topics – China and steel. Panjiva data shows the case – and delayed section 232 review of the industry – may be drawing in more steel. U.S. imports in the three months to July 31 from China were 30% higher than the prior three months while those from India rose 21%. Meanwhile export figures for China show a 4% sequenti...
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