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
Read more from Laura MillerLatest in Trade Cases

Steel Summit: Zekelman advocates for ‘Fortress North America’
Barry Zekelman has a unique vantage point from which to view today’s trade landscape. A Canadian national who owns operations in both the US and Canada, he has also had dialogue with both Canadian and American administrations.

Steel Summit: Execs urge clarity on trade/tariff policy, want stronger USMCA
Tariff policy dominated the discussion of the SMU Steel Summit trade panel on Tuesday afternoon. The message was clear: uncertainty is rattling the steel supply chain.

Final AD/CVD margins announced in coated steel trade case
The Commerce Department announced the final anti-dumping and countervailing duty (CVD) margins in the sprawling trade case investigating corrosion-resistant steel imports.

Canada agrees to drop most retaliatory tariffs
Canada has agreed to drop some retaliatory tariffs on US products, effective Sept. 1.

Price on trade: What a difference a year makes!
As everyone surely knows by now, the SMU Steel Summit starts on Monday in Atlanta, Ga. So, this is a great opportunity to reflect on how much has changed since the 2024 Summit. Certainly, no one could have imagined the wholesale and transformative changes to U.S. and global trade policy.