DOC to continue AD, CVD duties on CTL plates from various countries

Tuesday, 09 August 2005 14:03:00 (GMT+3)   |  

DOC to continue AD, CVD duties on CTL plates from various countries

On January 3, 2005, the US Department of Commerce (DOC) initiated sunset reviews (five-year reviews) for the countervailing duty orders on cut-to-length carbon-quality steel plate imported from India, Italy, Indonesia, and South Korea. In addition, the sunset reviews also covered the antidumping duty orders on the same product imported from France, India, Indonesia, Italy, Japan, and South Korea. Since the DOC received adequate responses from the domestic parties and inadequate responses from the respondent parties, the DOC conducted expedited sunset reviews (120-day reviews) for the said duties. In the end, the DOC decided that the revocation of the countervailing and the antidumping duties on cut-to-length carbon-quality steel plate would likely lead to continuation or recurrence of the countervailable subsidies or dumping. Therefore, the antidumping and countervailable duties are at the levels indicated below:

Country/Producer                       Margin

France
Usinor, SA..............................10.41%
All others..............................10.41%
India
Steel Authority of India Ltd............42.39%
All others..............................42.39%
Indonesia
PT Gunawan Dianjaya/
PT Jaya Pari Steel Corporation..........50.80%
PT Krakatau Steel.......................52.42%
All others..............................50.80%
Italy
Palini and Bertoli S.p.A.................7.85%
All others...............................7.85%
Japan
Kawasaki Steel..........................10.78%
Kobe Steel..............................59.12%
Nippon Steel............................59.12%
NKK Corporation.........................59.12%
Sumitomo Metal Industries...............59.12%
All others..............................10.78%
Korea            
Dongkuk Steel............................2.98%
All others...............................2.98%

Country/Producer                 Net Countervailable
                                      subsidy
India
Steel Authority of India Ltd............12.82%
All others..............................12.82%
Indonesia
PT Krakatau Steel.......................47.72%
All others..............................15.90%
Italy
ILVA S.p.A...............................2.38%
Palini and Bertoli S.p.A................de minimis
All others...............................2.38%
Korea              
Dongkuk Steel............................2.36%
All others...............................2.36% 

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