Severstal in Compliance with CTL Plate Agreement

The Department of Commerce said on Dec. 9 that Severstal is in compliance with the terms of a suspension agreement on certain cut-to-length (CTL) carbon steel plate from the Russian Federation.

The original agreement was signed by the DOC on Dec. 20, 2002 suspending the antidumping investigation on certain CTL carbon steel plate from Russian steel companies. In the period from Jan 1, 2012 through Dec. 31, 2012 it was determined that Severstal accounted for substantially all (not less than 85 percent) of the CTL product imported to the US from Russia. In the publication of preliminary results of an administrative review on Oct 3, 2013, Severstal was found to have “adhered to the terms of the Agreement and the Agreement is functioning as intended.”