Trade Cases
Commerce finalizes sunset review of HR import duties
Written by Laura Miller
November 13, 2024
The US Department of Commerce has finalized its portion of the fourth sunset review of hot-rolled (HR) steel products from a handful of countries.
The agency determined that if anti-dumping and countervailing duty orders (AD/CVD) were allowed to expire or be ‘sunset,’ the illegal dumping and subsidization of HR imports would likely continue at sizable rates.
The AD order covers HR steel flats from India, Indonesia, China, Taiwan, Thailand, and Ukraine. The CVD order applies to HR from India, Indonesia, and Thailand. The orders have been in place since 2001.
Commerce’s International Trade Administration (ITA) determined that if the duties were sunset, the continuation or recurrence of dumping and subsidies would continue at the following margins:
Country | Weighted-average dumping margin % | Net countervailable subsidy rate % |
---|---|---|
India | 44.40 | 345.09* |
Indonesia | 47.86 | 10.21 |
China | 90.83 | |
Taiwan | 29.14 | |
Thailand | 20.30 | 2.38 |
Ukraine | 90.33 | |
* average |
Domestic producers acting as ‘interested parties’ in the review included U.S. Steel, Steel Dynamics, SSAB, Nucor, Cleveland-Cliffs, and ArcelorMittal USA.
Commerce expedited this sunset review, meaning it used facts already available and did not issue a preliminary determination. Thus, interested parties did not get to review and provide comments on its findings.
While Commerce’s portion of the sunset reviews is now completed, the International Trade Commission’s (ITC) injury determination will not be released for some time. ITC voted for full sunset reviews last month.
Full reviews take longer as they include a hearing and further investigation.
In previous five-year sunset reviews of these orders, Commerce conducted full reviews in 2007 and 2014 and an expedited one in 2019.
Laura Miller
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