WTO rules against U.S. steel, aluminium tariffs, Norway says
Published by
ScrapPrices
Published on December 08,2022 08:00 AM Steel
The Norwegian foreign ministry said on Thursday a World Trade Organization panel had ruled in Norway's favour against the United States in a case the Nordic country had brought over U.S. import duties imposed in 2018 on steel and aluminium.
WTO rules against U.S. steel, aluminium tariffs, Norway says

OSLO, Dec 8 (Reuters) - The Norwegian foreign ministry said on Thursday a World Trade Organization panel had ruled in Norway's favour against the United States in a case the Nordic country had brought over U.S. import duties imposed in 2018 on steel and aluminium.

"The WTO panel's report, which was released today, concludes that the U.S. tariff on steel and aluminium was in breach of the WTO rules," the Norwegian ministry said in a statement.

In March 2018, then-U.S. President Donald Trump signed a memorandum to impose the tariffs, later exempting some allies, while Norway, a major aluminium producer, was among those that were hit.

The U.S. Trade Representative's office did not immediately respond to a request for comment.

Several WTO members have filed similar challenges with the trade body, including the European Union, China, India, Russia, Switzerland and Turkey. The rulings are expected to be issued around the end of this year.

MORE STEEL NEWS
February 28,2024 08:00 AM
India's coal sector is united about one thing. It doesn't matter if you are a miner, trader, utility or steelmaker, you are bullish, extremely bullish.
January 25,2024 08:00 AM
JSW Steel (JSTL.NS), opens new tab, India's largest steelmaker by capacity, reported a nearly five-fold rise in third-quarter profit on Thursday, helped by strong domestic demand.
January 11,2024 08:00 AM
Turkey's largest steelmaker Erdemir (EREGL.IS) on Thursday pledged to invest $3.2 billion to achieve a 25% cut in its emissions by 2030.