US and Piling Importer Settle 2023 Case

The U.S. and importer Marubeni-Itochu Steel America jointly stipulated settlement terms for the importer’s classification case June 20. They agreed that the epoxy resin used as a coating for some of Marubeni-Itochu’s products, pilings for a wall system, should be included in the valuation of products classified under Harmonized Tariff Schedule heading 7301 rather than heading 7308 (Marubeni-Itochu Steel America Inc. v. United States, CIT # 23-00149).