COMPLAINTS ON STEEL UPHELD
The International Trade Commission, in a unanimous preliminary finding today determined that imports of carbon steel plate from Belgium, Brazil and Rumania and carbon steel sheet from France may be causing material injury to domestic steelmakers through their sale in the United States at unfairly low prices. The ruling of the five-member, quasi-judicial agency, which deliberates over trade-related matters for the Government, permits an unusual complaint filed last month by the Commerce Department to go forward. The department, in the first trade complaint ever brought by the Government against foreign producers, contended that the low-priced, subsidized steel from these countries is causing hardship to the domestic industry, now beset by high unemployment, declining production and evaporating new orders.
