Corporate Welfare

Steel Dumping Quotas Dumped

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As discussed over at the Cato blog by Daniel Ikenson, the International Trade Commission has surprisingly done the right thing and revoked "longstanding antidumping and countervailing duty restrictions against imported carbon steel plate and corrosion-resistant steel from 15 different countries." (They are keeping them against corrosion-resistant steel from Germany and Korea for at least another five years.)

My previous blogging on how these duties hurt American steel-using companies in order to help eternally poor-mouthing steel-making companies here .