The
US Department of Commerce (DOC) announced Wednesday the preliminary result of its administrative review of the suspension agreement with Joint Stock Company
Severstal regarding cut-to-length carbon steel
plate from
Russia. The period of review is calendar year 2012. The review was requested by
Nucor.
The DOC has preliminarily determined that
Severstal has "adhered to the terms of the suspension agreement" and that "the agreement is functioning as intended."
The Department plans to complete this review by February 2104.