US DOC announces final determinations in AD/CVD case against CRC imports

Friday, 22 July 2016 20:45:27 (GMT+3)   |   San Diego
       

On July 21, 2016, the Department of Commerce (DOC) announced its affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of certain cold-rolled steel flat products (cold-rolled steel) from Brazil, India, Korea, and Russia, and the AD investigation of imports of cold-rolled steel from the United Kingdom. 

In the Brazil AD investigation, Commerce found that dumping has occurred by mandatory respondent Companhia Siderurgica Nacional at a dumping margin of 14.43 percent.  The second mandatory respondent, Usiminas Siderurgicas de Minas Gerais (Usiminas), did not respond to all of Commerce’s requests for information, and therefore Commerce calculated a final dumping margin based on adverse facts available of 35.43 percent.  Commerce calculated a final dumping margin of 14.43 percent for all other producers/exporters in Brazil. 

In the India AD investigation, Commerce found that dumping has occurred by mandatory respondent JSW Steel Limited/JSW Coated Products Limited at a dumping margin of 7.60 percent.  Commerce calculated a final dumping margin of 7.60 percent for all other producers/exporters in India.  

In the Korea AD investigation, Commerce found that dumping has occurred by mandatory respondents POSCO/Daewoo International Corporation and Hyundai Steel Corporation at dumping margins of 6.32 percent and 34.33 percent, respectively.  Commerce calculated a final dumping margin of 20.33 percent for all other producers/exporters in Korea. 
 
In the Russia AD investigation, Commerce found that dumping has occurred by mandatory respondents Joint Stock Company Severstal and Novolipetsk Steel OJSC at dumping margins of 13.36 percent and 1.04 percent (de minimis), respectively.  Commerce calculated a final dumping margin of 13.36 percent for all other producers/exporters in Russia.  

In the United Kingdom AD investigation, Commerce found that dumping has occurred by mandatory respondents Caparo Precision Strip, Ltd./ Liberty Performance Steels Ltd. (Commerce determined that Liberty Performance Steels Ltd. is the “successor-in-interest” to Caparo Precision Strip, Ltd.) and Tata Steel UK Ltd. at dumping margins of 5.40 percent and 25.56 percent, respectively.  Commerce calculated a final dumping margin of 22.92 percent for all other producers/exporters in United Kingdom. 

In the Brazil CVD investigation, Commerce calculated a final subsidy rate of 11.31 percent for Companhia Siderurgica Nacional and a final subsidy rate of 11.09 percent for Usiminas.  Commerce calculated a final subsidy rate of 11.20 percent for all other producers/exporters in Brazil.  

In the India CVD investigation, Commerce calculated a final subsidy rate of 10.00 percent for mandatory respondent JSW Steel Limited and its cross-owned affiliate JSW Coated Products Limited.  Commerce calculated a final subsidy rate of 10.00 percent for all other producers/exporters in India.  

In the Korea CVD investigation, Commerce calculated a final subsidy rate of 3.91 percent for mandatory respondent Hyundai Steel Co., Ltd.  The second mandatory respondent, POSCO, was unable to confirm certain key elements of its response when the Commerce team conducted verification at its headquarters in Korea.  Therefore, Commerce calculated a subsidy rate based on adverse facts available of 58.36 percent.  Commerce calculated a final subsidy rate of 3.91 percent for all other producers/exporters in Korea. 

In the Russia CVD investigation, Commerce calculated a final subsidy rate of 6.95 percent for mandatory respondents Novolipetsk Steel OJSC (NLMK), Novex Trading, Altai-Koks OJSC, Dolomite OJSC, Stoilensky OJSC, Studenovskaya (Stagdok) OJSC, Trading House LLC, Vtorchermet NLMK LLC, Vtorchermet OJSC, and Vtorchermet NLMK Center LLC (collectively, the NLMK Companies).  Additionally, Commerce calculated a de minimis final subsidy rate of 0.62 percent for PAO Severstal, Severstal Export GmbH, JSC Karelsky Okatysh, AO OLKON, AO Vorkutaugol, and JSC Vtorchermet (collectively, the Severstal Companies).  Commerce also calculated a final subsidy rate of 6.95 percent for all other producers/exporters in Russia.  

In 2014, imports of cold-rolled steel from Brazil, India, Korea, Russia, and the United Kingdom were valued at an estimated $65 million, $57 million, $206 million, $54 million, and $132 million, respectively.   

The ITC is scheduled to make its final injury determinations in the investigations of cold-rolled steel from Brazil, India, Russia, Korea, and the United Kingdom on September 3, 2016.  

The petitioners for these investigations are AK Steel Corporation, ArcelorMittal USA LLC, Nucor Corporation, Steel Dynamics, Inc., and United States Steel Corporation. 

The products subject to these investigations are currently classified in the Harmonized Tariff Schedule of the United States (HTSUS) under item numbers: 7209.15.0000, 7209.16.0030, 7209.16.0060, 7209.16.0070, 7209.16.0091,  7209.17.0030, 7209.17.0060, 7209.17.0070, 7209.17.0091, 7209.18.1530, 7209.18.1560, 7209.18.2510, 7209.18.2520, 7209.18.2580, 7209.18.6020, 7209.18.6090, 7209.25.0000, 7209.26.0000, 7209.27.0000, 7209.28.0000, 7209.90.0000, 7210.70.3000, 7211.23.1500, 7211.23.2000, 7211.23.3000, 7211.23.4500, 7211.23.6030, 7211.23.6060,  7211.23.6090, 7211.29.2030, 7211.29.2090, 7211.29.4500, 7211.29.6030, 7211.29.6080, 7211.90.0000, 7212.40.1000, 7212.40.5000, 7225.50.6000, 7225.50.8080, 7225.99.0090, 7226.92.5000, 7226.92.7050, and 7226.92.8050. 
 
The products subject to the investigations may also enter under the following HTSUS numbers: 7210.90.9000, 7212.50.0000, 7215.10.0010, 7215.10.0080, 7215.50.0016, 7215.50.0018, 7215.50.0020, 7215.50.0061, 7215.50.0063, 7215.50.0065, 7215.50.0090, 7215.90.5000, 7217.10.1000, 7217.10.2000, 7217.10.3000, 7217.10.7000, 7217.90.1000, 7217.90.5030, 7217.90.5060, 7217.90.5090, 7225.19.0000, 7226.19.1000, 7226.19.9000, 7226.99.0180, 7228.50.5015, 7228.50.5040, 7228.50.5070, 7228.60.8000, and 7229.90.1000.   

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