Trade Cases
Final AD/CVD Duties Announced by DOC on China CTL Plate Imports
Written by Sandy Williams
January 19, 2017
On January 18, 2017, the Department of Commerce announced its final affirmative determinations in the antidumping and countervailing investigations of imports of cut-to-length steel plate from China.
The China-wide rate for antidumping was established at 68.27 percent. The China-wide entity was assigned duties based on adverse facts for failure to cooperate with the investigation.
The final subsidy rate for the countervailing investigation was calculated at 251.00 percent for the three mandatory respondents in the investigation due to adverse facts available and a rate of 251.00 percent for assigned for all other producers and exporters in China.
The products covered in the investigation are 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). It 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 petitioners in the trade case were ArcelorMittal USA, Nucor Corp., and SSAB Enterprises, LLC.
Next steps:
Commerce will instruct Customs and Border Protection to collect cash deposits equal to the final rates. The U.S. International Trade Commission will make its final injury determinations by March 3, 2017. If the ITC finds injury to the domestic steel industry, the AD/CVC orders will be issued on March 10, 2017. If the ITC does not find injury the deposits will be refunded and the investigations will be terminated.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Price: Should billions in Section 232 revenue go to foreign manufacturers or to the American people?
Do we want the benefits of the Section 232 tariffs to flow to the bottom lines of foreign steel and aluminum producers or to the US government and, ultimately, domestic manufacturers and their workers? In our view, the answer is simple. Section 232 exceptions do nothing more than lead to underserved profits for foreign manufacturers who are harming the US industrial base. That revenue could be used to pursue the Trump administration’s other policy priorities - such as deficit reduction or expanded tax cuts.
Mills allege ‘critical circumstances’ in CORE trade case vs. South Africa, UAE
"Recent activity in the marketplace strongly indicates that these imports are being rushed into the United States in an effort to avoid the imposition of antidumping duties," petitioners said.
European Commission eyes retaliation vs. Trump steel tariffs: Report
The European Commission is looking into making current quotas on steel imports stricter as a countermeasure to President Trump’s recently announced tariffs on steel and aluminum imports to the US, according to an article in Reuters.
Trump could levy tariffs on auto imports in April: Report
President Donald Trump said last week that he could place tariffs on auto imports, according to an article in Politico.
Section 232 tariffs are headed downstream
The Trump administration has revealed the list of derivative steel products being added to the Section 232 tariff list.