Preliminary AD margins announced on U.S. CR imports

Preliminary AD margins announced on U.S. CR imports

The U.S. Department of Commerce has announced its preliminary determinations in the anti-dumping investigations of certain cold-rolled carbon steel flat products from Argentina, Australia, Belgium, Brazil, China, France, Germany, India, Japan, Korea, the Netherlands, New Zealand, the Russian Federation, South Africa, Spain, Sweden, Taiwan, Thailand, Turkey, and Venezuela The Department has calculated 1.97% (de Minimus) preliminary dumping margin for Usinor Group of France. Relatively favourable margins of 3.15% for China Steel Corp./Yieh Loong of Taiwan and 5.25% for POSCO of Korea have been announced. On the other hand, Thai Cold-Rolled Steel Sheet has been hit by a 142.78% margin announcement. Please see related article under Trade Watch for the details of the preliminary dumping margins announced by the D.O.C. U.S. D.O.C., is scheduled to make its final determinations in the antidumping and countervailing duty investigations by July 10, 2002 for - Australia - China - France - India - Japan - Korea - the Netherlands - Russia - Sweden - Spain - Thailand - Turkey The D.O.C. has time until September 13, 2002 to make final determinations for the following countries: - Argentina - Brazil - Belgium - Germany - New Zealand - South Africa - Taiwan - Venezuela After previous allegations by petitioners, the D.O.C. made preliminary determinations that critical circumstances do exist for imports from: - Australia - China - India - the Netherlands - Russia With respect to imports from Korea, the D.O.C. preliminary determinations are that critical circumstances exist for imports produced or exported from POSCO and all other Korean producers/exporters, but it made a preliminary negative critical circumstances determination for imports produced or exported by Dongbu Steel. The Department has made a preliminary determination that critical circumstances do not exist with respect to imports from Argentina, South Africa, and Taiwan.