Trade Cases
Commerce Lowers AD Duties on Australian Hot-Rolled Steel
Written by Laura Miller
September 20, 2022
To bring its results in line with a recent US Court of International Trade (CIT) decision, the US Department of Commerce is amending antidumping duties on imports of hot-rolled steel flat products from Australia.
The move comes after Australia’s BlueScope Steel Ltd. was successful in challenging at the CIT Commerce’s final results of the first administrative review of the duties covering the one-year period ended Sept. 30, 2017.
Set at 99.2% in the first administrative review finalized in April 2019, Commerce has adjusted BlueScope’s weighted-average dumping margin to now be 4.95% for that time period, according to a Sept. 19 Federal Register filing reviewed by SMU.
Five-year sunset reviews of the antidumping duties on hot-rolled steel from Australia, Brazil, Japan, Korea, Netherlands, Russia, Turkey, and the UK and the countervailing duties on the product from Brazil and South Korea are currently underway at the US International Trade Commission. The reviews are determining if revoking the duties would be likely to lead to the continuation of injury to the domestic industry and should therefore be allowed to expire or should remain in place for another five years. An ITC hearing was scheduled to take place on Sept. 15.
By Laura Miller, Laura@SteelMarketUpdate.com
Laura Miller
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