Trade Cases
HR CVD Preliminary Determination Due on Monday
Written by John Packard
January 10, 2016
Steel Market Update received the following press release from the US Department of Commerce International Trade Administration regarding the release of the preliminary determination for the hot rolled countervailing duty portion of the hot rolled trade case:
On January 11, 2016, the Department of Commerce is scheduled to announce its preliminary determinations in the CVD investigations of imports of certain hot-rolled steel flat products from Brazil, Korea, and Turkey. Hot-rolled steel is extensively used in automotive applications and tubing, as well as in the manufacture of transportation equipment, appliances, heavy machinery, nonresidential construction, and machine parts.
On Monday, January 11, we will email a fact sheet that will outline our decisions.
Petitioners: The petitioners for these investigations are AK Steel Corporation (OH), ArcelorMittal USA LLC (IL), Nucor Corporation (NC), SSAB Enterprises, LLC (IL), Steel Dynamics, Inc. (IN), and United States Steel Corporation (PA).
Import Statistics: In 2014, imports of certain hot-rolled steel flat products from Brazil, Korea, and Turkey were valued at an estimated $146.3 million, $678.8 million, and $218.4 million, respectively. (Source: International Trade Administration Office of Public Affairs)
John Packard
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