DOC to continue AD, CVD duties on SS plate from five countries

Monday, 18 July 2005 14:23:00 (GMT+3)   |  
       

DOC to continue AD, CVD duties on SS plate from five countries

On April 1, 2004, both the US Department of Commerce (DOC) and the US International Trade Commission (ITC) initiated sunset reviews of antidumping duty orders certain stainless steel plate in coils imported from Belgium, Italy, South Korea, South Africa, and Taiwan. The reviews also covered countervailing duty orders on the same product imported from Belgium, Italy, and South Africa. As a result of these reviews, the DOC found that revocation of the existing duties would likely lead to continuation or recurrence of dumping or countervailable subsidies. Likewise, on July 5, 2005, the ITC decided that revocation of the subject duties would likely lead to continuation or recurrence of material injury to the US market. As a result of the determinations by the DOC and the ITC, the existing antidumping and countervailing duties on certain stainless steel plate in coils from the five countries will remain in effect. The reviews covered the same products imported from Canada; however the DOC determined to revoke the review with respect to imports from Canada. The dumping deposit rates for the subject countries are as follows:

Country                  Producer              Deposit rate
Belgium
CVD Order                ALZ N.V...................1.78%
                         All Others................2.00%
AD Order                 U&A Belgium...............2.71%
                         All Others................9.86%
Italy
CVD Order                AST (Terni S.p.A).........1.62%
                         All Others................1.62%
AD Order                 ThyssenKrupp AST..........0.00%
                         All Others...............39.69%
South Korea
AD Order                 POSCO.....................1.19%
                         All Others................6.08%
South Africa
CVD Order                Columbus Stainless........3.95%
                         All Others................3.95%
AD Order                 Columbus Stainless.......37.77%
                         All Others...............37.77%
Taiwan
AD Order                 Ta Chen Stainless........10.20%
                         Yieh United Steel.........8.02%
                         All Others................7.39%

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