On January 18, 2017, the Department of Commerce announced its final affirmative determinations in the antidumping and countervailing investigations of imports of cut-to-length steel plate from China.
The China-wide rate for antidumping was established at 68.27 percent. The China-wide entity was assigned duties based on adverse facts for failure to cooperate with the investigation.
The final subsidy rate for the countervailing investigation was calculated at 251.00 percent for the three mandatory respondents in the investigation due to adverse facts available and a rate of 251.00 percent for assigned for all other producers and exporters in China.
The products covered in the investigation are carbon and alloy steel hot-rolled or forged flat plate products not in coils, whether or not painted, varnished, or coated with plastics or other non-metallic substances (cut-to-length plate). It includes plate that is produced by being cut-to-length from coils or from other discrete length plate and plate that is rolled or forged into a discrete length.
The petitioners in the trade case were ArcelorMittal USA, Nucor Corp., and SSAB Enterprises, LLC.
Commerce will instruct Customs and Border Protection to collect cash deposits equal to the final rates. The U.S. International Trade Commission will make its final injury determinations by March 3, 2017. If the ITC finds injury to the domestic steel industry, the AD/CVC orders will be issued on March 10, 2017. If the ITC does not find injury the deposits will be refunded and the investigations will be terminated.
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