Trade Cases
Commerce Assigns Final AD Margins in CTL Plate Investigations
Written by Sandy Williams
December 1, 2016
The Department of Commerce has announced its affirmative final determinations in the antidumping investigations of imports of steel cut-to-length plate from Brazil, South Africa and Turkey.
Brazil mandatory respondents were assigned dumping margins of 74.52 percent based on adverse facts for failure to cooperate in the investigation. All other producers and exporters in Brazil will also have a final dumping margin of 74.52 percent.
Turkey mandatory respondent was assigned a final dumping margin of 50.0 percent for failure to cooperate in the investigation. All other producers and exporters from Turkey received a final dumping margin of 42.02 percent.
Commerce also found that critical circumstances exist for all exporters from Brazil and Turkey which will result in Customs and Border Protection imposing retroactive provisional measures on imports of CTL plate effective 90 days prior to the preliminary determinations of September 7, 2016.
South Africa mandatory respondent received a dumping margin of 94.14 percent for failure to cooperate in the investigation and all other producers and exporters were assigned a margin of 87.72 percent.
The products covered by the investigations are certain carbon and alloy steel hot-rolled or forged flat plate products not in coils, whether or not painted, varnished, or coated with plastics or other non-metallic substances (cut-to-length plate). Subject merchandise includes plate that is produced by being cut-to-length from coils or from other discrete length plate and plate that is rolled or forged into a discrete length.
The investigations were initiated by petitioners ArcelorMittal USA, Nucor, and SSAB Enterprises, LLC.
The U.S. International Trade Commission is schedule to make its final injury determination on January 13, 2017. If the ITC makes an affirmative determination Commerce will issue AD orders.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Fitch warns more tariffs will pressure global commodity markets
“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.
Commerce increases import duties on Korean galv, plate
The Commerce Department is raising the import duties on imports of corrosion-resistant sheet and cut-to-length plate from Korea.
Leibowitz on trade: Why is protectionism so popular?
The world has had a few shocks recently. The CEO of a major health insurance company was gunned down in Manhattan. The 50-year Assad dynasty in Syria was pushed out less than two weeks after rebels started an offensive. And President-elect Trump is promising tariffs on everything a month before he takes office. But one shock has been taking place for a lot longer than the last few weeks. The 70-year consensus on trade hasn’t just been challenged. It’s been repudiated.
Ternium chief say Mexico tariffs ‘irrational’
Vedoya said the proposed tariffs are "an irrational measure that would harm both their own industry and ours."
Price on Trade: Trump tariffs are no negotiating tool – and could come at lightning speed
We focused on trade actions the second Trump administration might take in a prior column. Since then, we have learned more about the individuals who will be leading these efforts. Recent nominations reinforce the president-elect’s statements that tariffs will feature prominently in the second administration and that trade actions will be unveiled at lightning speed.