Trade Cases

AD/CVD Anniversary Dates
Written by Lewis Leibowitz
May 18, 2017
A number of our readers have requested details regarding the CORE (corrosion resistant which is galvanized, Galvalume, etc.), cold rolled and hot rolled trade suit status and when the one-year anniversary for each product are potential reviews are due. Steel Market Update (SMU) went to trade attorney Lewis Leibowitz for answers and he provided the following details:
For antidumping and countervailing duty cases, the key date is the publication of the AD or CVD orders for each product. Here are dates for the three steel AD/CVD orders (hot-rolled, cold-rolled, corrosion-resistant):
Corrosion-resistant: July 25, 2016 (AD and CVD)
Cold-rolled: Sept. 20, 2016 (AD and CVD)
Hot-rolled: Oct. 3, 2016 (AD and CVD)
The “anniversary months” of the orders are July, September and October, respectively. On or about the first day of the anniversary month, Commerce will publish a notice to parties that they can request administrative reviews of the order. Parties have until the last day of the month to request a review. If a review is requested, Commerce will initiate an administrative review of each exporter or producer. The review usually takes a bit over a year to complete. The final review determination will assess the final duties for each reviewed company, and set new deposit rates, which will be effective upon publication of the “final results” of the administrative reviews. Each year thereafter, for at least five years, the same process will take place.
For companies not reviewed, the deposit rate at the time of entry will be the final rate.
SMU Note: It is important to note that the review will not begin until a request has been made by one, or more, of the parties involved. The review then could take at least a year to conclude (2018). It is also important to note that the review could end up changing duty rates up or down.

Lewis Leibowitz
Read more from Lewis LeibowitzLatest in Trade Cases

Industry cautiously optimistic despite lack of steel specifics in US-UK trade deal
Details of a new tariff-rate quota on US imports of British steel are lacking in the new US-UK trade deal.

Mexico shuts down steel importer amid trade talks
The Mexican government shut down two plants and warehouses operated by US-based LAU Industries.

US and Canada talk trade, market contemplates fate of S232 steel protections
Trade talks are progressing between the US and the market is contemplating the future of Section 232 tariffs.

Leibowitz: Tariffs are the trade version of going nuclear
In short, when tariffs go up, jobs in consuming industries go down. There is conclusive evidence from past actions: safeguard tariffs in 2002 and Section 232 tariffs in 2018. It is happening again in 2025. The Trump administration wants foreign producers (and US retailers) to absorb tariff increases (except in antidumping cases, where foreign absorption of tariffs is illegal).

Nippon exec responds after Trump ‘golden share’ comments: Report
A Nippon executive has hit back regarding the deal for USS following President Trump's talk of a "golden share" on Thursday.