ITC decision on AD, CVD duties on SSSS from 8 countries

ITC decision on AD, CVD duties on SSSS from 8 countries

The US International Trade Commission (ITC) yesterday determined that revocation of the existing countervailing and antidumping duty orders on stainless steel sheet and strip from Germany, Italy, Japan, Korea, Mexico and Taiwan would likely lead to continuation or recurrence of material injury to the US market, but that revocation of the existing antidumping duty orders on the same product from France and United Kingdom would not. As a result of the ITC's decision and the Department of Commerce's (DOC) affirmative findings, the existing orders on imports of stainless steel sheet and strip from Germany, Italy, Japan, Korea, Mexico and Taiwan will remain in effect, while the existing duties on the same product from France and the UK will be revoked.