US DOC announces preliminary AD duties in corrosion-resistant steel investigation

Wednesday, 23 December 2015 23:00:09 (GMT+3)   |   San Diego
       

The US Department of Commerce (DOC) announced late Tuesday its affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of corrosion-resistant steel products from China, India, Italy, and Korea, and its negative preliminary determination in the AD investigation of imports of corrosion-resistant steel products from Taiwan. 

In the China investigation, the mandatory respondent, Yieh Phui (China) Technomaterial Co., Ltd., as well as the two parties which qualified for separate rates, all received a preliminary dumping margin of 255.80 percent.  All other producers/exporters in China received the China-wide rate of 255.80 percent. 

In the India investigation, mandatory respondents JSW Steel Ltd., and Uttam Galva Steels Limited received preliminary dumping margins of 6.64 percent and 6.92 percent, respectively.  All other producers/exporters in India received a preliminary dumping margin of 6.76 percent.  

In the Italy investigation, mandatory respondents Acciaieria Arvedi S.p.A. and Marcegaglia S.p.A. received preliminary dumping margins of 3.11 percent and 0.00 percent, respectively.  All other producers/exporters in Italy received a preliminary dumping margin of 3.11 percent.  

In the Korea investigation, mandatory respondents Dongkuk Steel Mill Co., Ltd./Union Steel Manufacturing Co., Ltd. and Hyundai Steel Company received preliminary dumping margins of 2.99 percent and 3.51 percent, respectively.  All other producers/exporters in Korea received a preliminary dumping margin of 3.25 percent. 
 
In the Taiwan investigation, mandatory respondents Yieh Phui Enterprise Co., Ltd. and Prosperity Tieh Enterprise Co., Ltd. received preliminary dumping margins of 0.00 percent.  The DOC did not calculate a preliminary dumping margin for all other producers/exporters in Taiwan because it has not made an affirmative preliminary determination.  

Additionally, the DOC preliminary found that critical circumstances exist with respect to certain exporters from China, Korea, and Taiwan.  For producers and exporters in Taiwan, because the preliminary determination was negative, no provisional measures will be collected. 

The petitioners for these investigations are US Steel, Nucor, ArcelorMittal USA, AK Steel, Steel Dynamics, Inc., and California Steel Industries, Inc.    

The DOC is currently scheduled to announce its final determination in the Taiwan investigation on or about March 8, 2016; unless the statutory deadline is extended.  Commerce is scheduled to announce its final determinations in the China, India, Italy, and Korea investigations on or about May 10, 2016.  These final determinations have been extended fully. 

If Commerce makes affirmative final determinations, and the U.S. International Trade Commission (ITC) makes affirmative final determinations that imports of corrosion-resistant steel products from China, India, Italy, Korea, and/or Taiwan materially injure, or threaten material injury to, the domestic industry, Commerce will issue AD orders.  If either Commerce’s or the ITC’s final determinations are negative, no AD orders will be issued.  The ITC is currently scheduled to make its final injury determinations in April 2016 for Taiwan and June 2016 for China, India, Italy, and Korea.            

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