Cold Rolled

Commerce Finds Dumping of Imports of Certain Cold-Rolled Steel Flat Products from the People’s Republic of China and Japan, and Countervailable Subsidization of Imports of Certain Cold-Rolled Steel Flat Products from the People’s Republic of China.

• On May 17, 2016, the Department of Commerce (Commerce) announced its affirmative final determinations in the antidumping duty (AD) investigations of certain cold-rolled steel flat products (cold-rolled steel) from the People’s Republic of China (China) and Japan, and the countervailing duty (CVD) investigation of imports of cold-rolled steel from China.
• The AD and CVD laws provides U.S. businesses and workers with a transparent, quasi-judical, and internationally accepted mechanism to seek relief from the market-distorting effects caused by injurious dumping and unfair subsidization of imports into the United States, establishing an opportunity to compete on a level playing field.
• For the purpose of AD investigations, dumping occurs when a foreign company sells a product in the United States at less than its fair value. For the purpose of CVD investigations, a countervailable subsidy is financial assistance from a foreign government that benefits the production of goods from foreign companies and is limited to specific enterprises or industries, or is contingent either upon export performance or upon the use of domestic goods over imported goods.