Corrosion Resistant

Commerce Finds Dumping of Imports of Corrosion-Resistant Steel Products from China, India, Italy, Kore a, and Taiwan, Countervailable Subsidization of Imports of Corrosion-Resistant Steel Products from China, India, Italy, Korea, and No Countervailable Subsidization of Imports of Corrosion-Resistant Steel Products from Taiwan.

  • On May 25, 2016, the Department of Commerce (Commerce) announced its affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of corrosion-resistant steel products (CORE) from China, India, Italy, Korea; its affirmative final determination in the AD investigation of imports of CORE from Taiwan; and its negative final determination in the CVD investigation of imports of CORE from Taiwan.
  • The AD and CVD laws provides U.S. businesses and workers with a transparent, quasi-judicia l, 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.

Final Dumping Margins

China

COUNTRY EXPORTER/PRODUCER DUMPING MARGINS
China Yieh Phui (China) Technomaterial Co., Ltd. 209.97%
Jiangyin Zongcheng Steel Co., Ltd. 209.97%
Union Steel China 209.97%
China-Wide Rate 209.97%

India

COUNTRY EXPORTER/PRODUCER DUMPING MARGINS
India

JSW:1

JSW Steel Ltd.

JSW Coated Products Limited

4.44%

Uttam Galva:2

Uttam Galva Steels Limited

Uttam Value Steels Limited

Atlantis International Services Company Ltd.

Uttam Galva Steels, Netherlands, B.V.

Uttam Galva Steels (BVI) Limited

3.05%
All Others 3.86%

1 Commerce preliminarily found JSW Steel Ltd. and JSW Coated Products Limited to be affiliated and treated them as a single entity.
2 Commerce preliminarily found Uttam Galva Steels Limited, Uttam Value Steels Limited, Atlantis International Services Company Ltd., Uttam Galva Steels, Netherlands, B.V., and Uttam Galva Steels (BVI) Limited to be affiliated and treated them as a single entity. Commerce sustains this finding in the final determination. Therefore, we are assigning one rate to these companies.

Italy

COUNTRY EXPORTER/PRODUCER DUMPING MARGINS
Italy Acciaieria Arvedi S.p.A. 12.63%
Marcegalia S.p.A. 92.12%
All Others 12.63%

Korea

COUNTRY EXPORTER/PRODUCER DUMPING MARGINS
Korea Dongkuk Steel Mill Co., Ltd./Union Steel Manufacturing Co., Ltd. 8.75%
Hyundai Steel Company 47.80%
All Others 31.73%

Taiwan

COUNTRY EXPORTER/PRODUCER DUMPING MARGINS
Taiwan

Prosperity Tieh Enterprise Co., Ltd., Yieh Phui Enterprise Co., Ltd., and Synn Industrial Co., Ltd.3

3.77%
All Others 3.77%

3 Commerce preliminarily found Yieh Phui Enterprise Co., Ltd., and Synn Industrial Co., Ltd. to be affiliated and treated them as a single entity. Commerce sustains this finding in the final determination and further finds Prosperity Tieh Enterprise Co., Ltd. to be affiliated with the Yieh Phui/Synn entity and treated as a single entity. Therefore, we are assigning one rate to these companies.

Final Subsidy Rates

China

COUNTRY EXPORTER/PRODUCER SUBSIDY RATES
China Yieh Phui (China) Technomaterial Co., Ltd. 39.05%
Angang Group Hong Kong Company Ltd. 241.07%
Baoshan Iron & Steel Co., Ltd. 241.07%
Duferco S.A., Hebei Iron & Steel Group, and Tangshan Iron and Steel Group Co., Ltd. 241.07%
Changshu Everbright Material Technology 241.07%
Handan Iron & Steel Group 241.07%
All Others 39.05%

*This rate is based on adverse facts available, because the company did not participate in the investigation.

India

COUNTRY EXPORTER/PRODUCER SUBSIDY RATES
India JSW Steel Limited 29.46%
Uttam Galva Steels Limited 8.00%
All Others 18.73%

Italy

COUNTRY EXPORTER/PRODUCER SUBSIDY RATES
Italy Acciaieria Arvedi S.p.A. 0.48%
Marcegaglia S.p.A. 0.07%
Ilva S.p.A. 38.51%
All Others 13.02%

*This rate is based on adverse facts available, because the company did not participate in the investigation.

Korea

COUNTRY EXPORTER/PRODUCER SUBSIDY RATES
Korea Union Steel Manufacturing Co., Ltd./Dongkuk Steel Mill Co., Ltd.

0.72%
(de minimis)

Dongbu Steel Co., Ltd./Dongbu Incheon Steel Co., Ltd. 1.19%
All Others 1.19%

*de minimus = less than 1% for developed countries, less than 2% for developing countries.

Taiwan

COUNTRY EXPORTER/PRODUCER SUBSIDY RATES
Taiwan Prosperity Tieh Enterprise Co., Ltd. (PT); Hong-Ye Steel Co., Ltd. (HY); Prosperity Did Enterprise Co., Ltd. (PD); and Chan Lin Enterprise Co., Ltd. (CL) (collectively Prosperity Companies) 0.00%
Yieh Phui Enterprise Co., Ltd. (Yieh Phui); Yieh Corporation Limited (YCL); Shin Yang Steel Co., Ltd. (Shin Yang); and Synn Industrial Co., Ltd. (Synn) (collectively Yieh Phui Companies) 0.00%

Case Calendar

EVENT CVD INVESTIGATIONS AD INVESTIGATIONS
Petition Filed June 3, 2015 June 3, 2015
DOC Initiation Date June 23, 2015 June 23, 2015
ITC Preliminary Determinations July 24, 2015 July 24, 2015
DOC Preliminary Determinations November 2, 2015 December 21, 2015
DOC Final Determinations May 24, 2016 May 24, 2016
ITC Final Determinations July 8, 2016 July 8, 2016
Issuance of Orders** July 15, 2016 July 15, 2016

NOTE: Commerce preliminary and final determination deadlines are governed by statute. For AD investigations, the deadline is set forth in section 733(b) and 735(a) of the Tariff Act of 1930, as amended (the Act). For CVD investigations, the deadlines are set forth in sections 703(b) and 705(a)(1) of the Act. These deadlines may be extended under certain circumstances.
**This will take place only in the event of final affirmative determinations by Commerce and ITC.

More information can be found on the US International Trade Commission website.