U.S. Commerce Dept. Announces Final Coated Paper Duty Margins
Leo Gerard, International President of the USW said, "Last week the International Trade Commission heard from the companies and their customers, the union and elected officials from around the country of the injury that has been inflicted by Chinese and Indonesian coated paper producers who are, to put it simply, cheating. They've engaged in unfair trade practices to advance their interests at the cost of production and jobs here in the U.S. Commerce's decision today further validates their unfair pricing and sets the stage for final action to restore a competitive market."
"Working together, the companies and the Steelworkers have fought for a fair and level playing field," stated George Martin, president and chief executive officer of NewPage Corporation. "Today's action is welcome news for the industry and its employees as they look to a future where they can compete fairly based on the quality of the products they produce, the investments that have been made in new technology, and sustainable forestry practices."
Mark Gardner, president and chief executive officer of Sappi Fine Paper North America said, "Commerce's recognition of the impact of dumped and subsidized products sends a message that our government is interested in restoring a competitive market in coated paper. We have presented before the International Trade Commission a clear and compelling case that these dumped and subsidized products have in fact injured our businesses, depriving our employees of enriching jobs. We are hopeful the Commission will recognize that injury in its final determination next month."
"Our members work hard and play by the rules," said Jon Geenen, USW International Vice President. "All they want is a fair chance to compete. This decision shows clearly what they've been up against in terms of unfair trade practices of the producers they have to compete against."
"It's time, once and for all, for us to have the rules of fair trade enforced and the government to stand up for their interests. The domestic industry has experienced capacity reductions and under-utilization resulting in the loss of jobs in communities all across the country. The petitions show that unfairly traded imports from China and Indonesia are a significant contributor to that underutilization of capacity, mill closures and resultant job loss," said Geenen.