Steel Products

CTL Plate Duties To Stay in Place After Sunset Review

Written by Laura Miller

August 10, 2023

Antidumping and countervailing duties on cut-to-length carbon-quality plate imports from India, Indonesia, and South Korea will remain in place for another five years.

The US International Trade Commission (ITC) issued its final injury determination in a sunset review of the duties on Thursday, Aug. 10.

The Commission voted that revoking the duties – or allowing them to ‘sunset’ – would lead to the continuation of injury to the domestic industry.

As a result of the vote, the existing AD and CVD orders will continue for five more years.

The ITC’s decision follows the Commerce Department’s findings that revoking the duties would lead to the continuation of dumping at margins of 42.39% for India, 52.42% for Indonesia, and 6.09% for South Korea.

Commerce also determined subsidies would continue at rates of 12.82% for India, 15.90-47.71% for Indonesia, and 1.99-2.02% for South Korea.

Earlier this year, the ITC also voted to uphold duties on carbon and alloy CTL plate from Austria, Belgium, China, France, Germany, Italy, Japan, South Africa, South Korea, Taiwan, and Turkey. At the same time, it decided to allow the duties on the product from Brazil to expire.

Sunset reviews are required by international law to be conducted every five years to account for changes in the market.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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