ThyssenKrupp Drops CIT Steel Duties Injunction Bid

By Christopher Norton

Law360, New York (December 03, 2009, 12:11 PM ET) -- Mexican steelmaker ThyssenKrupp Mexinox SA de CV has withdrawn its request for a permanent injunction barring the distribution of duties to domestic steel producers collected on certain products from foreign steel importers, saying the parties have agreed the case can move to final judgment.

The U.S.' representations that duty distributions will not resume with respect to stainless steel sheet and strip from Mexico, combined with the declaratory relief granted to ThyssenKrupp in November, render injunctive relief unnecessary, ThyssenKrupp said in the U.S. Court of International Trade...