Trade Cases
Commerce Imposes Dumping Margins on CTL Plate from 8 Countries
Written by Sandy Williams
March 30, 2017
US Commerce Secretary Wilbur Ross announced today that a final finding has been made on the dumping of carbon and alloy steel cut-to-length (CTL) plate into the U.S. from eight countries.
Commerce affirmed that dumping had occurred regarding imports of CTL from Belgium, France, Germany, Italy, Japan, South Korea and Taiwan and imposed duties ranging from 3.6 to 148.2 percent.
South Korea was also found to subsidize imports of CTL and was assigned a countervailing duty of 4.31 percent.
“A healthy steel industry is critical to our economy and manufacturing base, yet our steel industry today is under assault from foreign producers that dump and subsidize their exports,” said Ross.
The petitioners in the investigation were Nucor, ArcelorMittal SA, and SSAB AB.
The products covered by these investigations are certain 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).
The U.S. International Trade Commission is scheduled to make its final injury determinations on or about May 15. If the ITC finds injury, Commerce will issue AD and/or CVD orders.
Sandy Williams
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