PHS criticized for unfair competition by Nucor

Nucor, an American oil concern, asked the U.S. Department of Trade to investigate the issue of Polish government subsidies to Polish Steel Mills (PHS). It seems as though the concern wants to block Polish export to the U.S., especially as US Steel might invest in PHS. A few months ago Nucor compelled the U.S. government to impose higher custom duties on Polish steel products. At the time, PHS president Jerzy Posiadło, emphasized that the representatives of the domestic steel sector were negotiating with the Americans and expressed hopes that they would not limit access to their market. However, currently it seems that Nucor will not budge. According to the London steel portal - Steel Business Briefing, Nucor along with Nucor-Yamata and Chapparal, believe that Huta Katowice is selling subsidized steel and claim this is not fair. (Puls Biznesu, p. 10) A.C.