The U.S. Commerce Department will lash out at Japan over a surge in cheap steel imports in a report to be issued Wednesday on its antidumping policy on steel, a steel industry source said Monday.
The report will look into antidumping practices country by country and propose increased monitoring of steel imports from Japan and other major steel exporters, such as China, South Korea and Brazil.
The report is expected to name Japan as the nation most to blame for the sharp increase in steel imports, which has prompted the U.S. steel industry to lodge dumping complaints with the U.S. government against 11 categories of steel imports from Japan, the source said.
The administration of President Bill Clinton mapped out a set of measures last August to protect U.S. steel companies from a surge in cheap imports, and is to draft additional measures within a year, taking into consideration progress made since the original measures.