US announces final AD/CVD rates for certain HR flat steel imports

Monday, 08 August 2016 14:39:18 (GMT+3)   |   Istanbul
       

The US Department of Commerce (US DOC) has announced its final determinations in the antidumping duty (AD) investigation regarding imports of certain hot rolled flat stel products from Australia, Brazil, Japan, South Korea, the Netherlands, Turkey and the United Kingdom, and the countervailing duty (CVD) investigation regarding imports of hot rolled steel from Brazil, South Korea, and Turkey.
 
Accordingly, the final dumping margins range between 3.66 percent and 34.28 percent, while the final subsidy rates range between 3.89 percent and 57.04 percent.
 
The US International Trade Commission (ITC) is scheduled to make its final injury determinations in the AD and CVD investigations by September 19, 2016.
 
The goods in question currently fall under Customs Tariff Statistics Position Numbers 7208.10.15.00, 7208.10.30.00, 7208.10.60.00, 7208.25.30.00, 7208.25.60.00, 7208.26.00.30, 7208.26.00.60, 7208.27.00.30, 7208.27.00.60, 7208.36.00.30, 7208.36.00.60, 7208.37.00.30, 7208.37.00.60, 7208.38.00.15, 7208.38.00.30, 7208.38.00.90, 7208.39.00.15, 7208.39.00.30, 7208.39.00.90, 7208.40.60.30, 7208.40.60.60, 7208.53.00.00, 7208.54.00.00, 7208.90.00.00, 7210.70.30.00, 7211.14.00.30, 7211.14.00.90, 7211.19.15.00, 7211.19.20.00, 7211.19.30.00, 7211.19.45.00, 7211.19.60.00, 7211.19.75.30, 7211.19.75.60, 7211.19.75.90, 7225.11.00.00, 7225.19.00.00, 7225.30.30.50, 7225.30.70.00, 7225.40.70.00, 7225.99.00.90, 7226.11.10.00, 7226.11.90.30, 7226.11.90.60, 7226.19.10.00, 7226.19.90.00, 7226.91.50.00, 7226.91.70.00, and 7226.91.80.00.
 

Country

Exporter / Producer

Dumping Margin

Subsidy Rate

Australia

BlueScope Steel Ltd.

29.37%

 

All Others

29.37%

 

Brazil

Companhia Siderurgica Nacional

33.14%

11.30%

Usiminas Siderugicas de Minas Gerais

34.28%

11.09%

All Others

33.14%

11.20%

Japan

JFE Steel Corporation

7.51%

 

Nippon Steel & Sumimoto Corporation

4.99%

 

All Others

5.58%

 

South Korea

Hyundai Steel Company

9.49%

3.89%

POSCO

3.89%

57.04%

All Others

5.55%

3.89%

Netherlands

Tata Steel IJmuiden B.V.

3.73%

 

All Others

3.73%

 

Turkey

Colakoglu Metalurji A.S./Colakoglu Dis
Ticaret A.S

7.15%

0.34% (de minimis)

Ereğli Demir ve Çelik Fabrikaları
T.A.Ş/Iskenderun Demir ve Çelik T.A.Ş.

3.66%

6.01%

All Others

6.67%

6.01%

United Kingdom

Tata Steel UK Ltd.

33.06%

 

All Others

33.06%

 

 

Similar articles

US flat market steady as buyers are sidelined on weak economic data

26 Apr | Flats and Slab

Romanian flats prices stable despite slower trade

26 Apr | Flats and Slab

Chinese domestic PPGI prices fluctuate slightly, sentiment affected by futures price drop

26 Apr | Flats and Slab

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Global View on HRC: Prices mainly up in most regions, but trade hit by non-VAT investigation in China

26 Apr | Flats and Slab

European HRC mills make attempts to hike offers, import prices firm up further

26 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab