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U.S. Reversal on Anti-Dumping Policy to Benefit Thailand's Steel Overcapacity.

Knight Ridder/Tribune Business News, August, 2002

Bangkok Post, Thailand Knight Ridder/Tribune Business News

Aug. 29--The steel overcapacity problem in Thailand is expected to be eliminated within the next year in the light of Washington's reversal of a plan to impose anti-dumping duties on selected steel imports from five countries.

The US International Trade Commission recently determined that imports of cold-rolled steel products from Thailand, Japan, Australia, India and Sweden were not hurting the US steel industry.

Observers said Washington was trying to avoid tit-for-tat trade friction over the emergency import tariffs it imposed in March 2001 to help the struggling US steel industry.

While the US decision drew cheers from foreign steel producers and US companies that...

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