Trade Cases
Final AD/CVD Duties Announced by DOC on China CTL Plate Imports
Written by Sandy Williams
January 19, 2017
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.
Next steps:
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.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Commerce launches probe into unfairly traded rebar imports
Here are the details and a case timeline for the rebar trade case recently initiated by the Commerce Department.
Leibowitz on Trade: Who is winning the tariff debate?
Most economists will tell you that universal tariffs will result in inflation and reduce demand, causing a recession or worse. (After all, this is what happened in the 1930s). It is a rare product that is so essential that demand will not go down if prices go up.
Canadian steel industry fears thousands of job losses from US tariffs
The Canadian steel industry is bracing for thousands of job losses because of US tariffs, the Canadian Steel Producers Association says.
US, Mexico mull tariff-rate quota system: Report
Could the US and Mexico end up with a tariff-rate quota system?
OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.