Arab Steel Summit
Arab Steel Summit
Arab Steel Summit

Hyundai Challenges U.S. Duty Rate on Steel

Hyundai Steel Co. is challenging the U.S. duty rate on some entries of its hot-rolled steel from South Korea, arguing to the U.S. Court of International Trade that the Commerce Department wrongly treated the company’s port usage rights for a Korean harbor as a government subsidy.

The U.S. maintains countervailing duties on Koean hot-rolled steel flat products. The products are used in the automotive and construction industries, and to manufacture transportation equipment, appliances, heavy machinery, and machine parts.

The U.S. imported an estimated $649.5 million of this steel from Korea in 2015, before the duties were put in place,


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About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

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Mail: aisucairo@solbarab.org