Sko-Die E-Newsletter - December 2014On behalf of Sko-Die and all of its employees, I would like to sincerely thank all of our customers for their business in 2014. We wish you a very happy holiday season and a prosperous New Year. Enjoy this installment of the Sko-Die e-newsletter, as it provides important Industry News pertaining to the U.S. International Trade Commission's Non Oriented Electrical Steel (NOES) trade case rulings. We'll also share highlights from a very special ceremony during which Sko-Die received the Shore Community Services "Customer of the Year" Award. Happy Holidays, Patrick Steininger
A Thank You to Our CustomersIndustry News – December 2014Non Oriented Electrical Steel (NOES) Trade Case Rulings In early November, AK Steel reported that The U.S. International Trade Commission (ITC) has reached a positive final decision that illegally dumped imports from six nations have materially harmed the domestic industry producing non-oriented electrical steel (NOES). These petitions were originally filed by AK Steel in September 2013 and had preliminary rulings issued earlier this year. Based on the ITC’s final determination, the six countries will now have to pay antidumping duties on all imports of these products into the USA. Additional countervailing duty orders will be imposed on imports from China and Taiwan as the ITC ruled that imports from these countries were subsidized.
As a result of the ITC’s decision, the Commerce Department will have the U.S. Customs and Border Protection (CBP) to continue to require the domestic importers of NOES from those six nations to deposit estimated antidumping duties at the time of import as well as estimated countervailing duties on imports of NOES from China and Taiwan. From a practical perspective, these rulings will limit or eliminate the availability of products from the producing mills in these named countries over the next 5 years. Because of our strong channel partnerships with the domestic producer of these grades of material as well as the non-named global mills, Sko-Die remains in a very strong positon to support all current and future customer demand for any and all Non Oriented Electrical Steel products. We remain a strong advocate of a robust domestic manufacturing sector. Sko-Die is committed to providing our customers with the best Electrical Steel products for each individual application and will continue to bring our strength in this area to bear in support of our valued customers. Please contact your Sko-Die representative should you have any questions or would like any additional information as to the effect that these rulings are likely to have in the market. Sko-Die Presented with Customer of the Year Award
On June 16th, Sko-Die, Inc. was honored to receive the Shore Community Services “Customer of the Year” award. At Shore’s 63rd Annual Meeting, Patrick Steininger and Jeff Curtin were presented a plaque “In recognition of providing excellent earning opportunities for individuals with intellectual and other developmental disabilities.” Since 2005, Shore has subcontracted work from Sko-Die to inspect, sort and stack a variety of metal stampings. In 2013, Shore had completed projects that covered nearly 2,000,000 units. Shore Community Services is an organization that was established in 1949 by the Lloyd family who recognized the need for the care of children with special needs. From helping 6 children, Shore has grown to an accredited organization that supports over 500 individual children and adults. Shore offers adult services including programs for vocational training, senior retirement and home based support. It also offers child early intervention programs and residential supported living assistance. Sko-Die participates in the Shore Packaging Solutions program. This is a full service packaging, assembly and fulfillment company that provides industry with quality work, dependable service and competitive pricing. At the training center in Morton Grove or at an individual company’s location, Shore offers contract packaging, premium assembly, automatic shrink wrapping, rotary band sealing, collating and mailings, polybagging, sorting and inspecting, QC inspections and on-site cleaning services. Shore provides excellent corporate program support while providing their 175 trainees with employment and an opportunity to maximize their earning potential through vocational and developmental training. Shore’s Packaging Solutions is based in Morton Grove, IL. but can help companies throughout the US. If you have a program that they could support please contact Diego Garcia at sales@shoreservices.org. If you would like more information or are interested in supporting this quality organization please go to their website, www.shoreservices.org.
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Sko-Die Inc.| 8050 Austin Ave. - Morton Grove, IL 60053 |