US DOC: Final results of sunset review on flat products from five countries

Thursday, 07 December 2006 14:02:31 (GMT+3)   |  
On August 1, 2006, the US Department of Commerce (DOC) initiated sunset reviews of the countervailing duty orders (CVD) on certain hot-rolled carbon steel flat products from Argentina, India, Indonesia, South Africa, and Thailand. On the basis of the notices of intent to participate and adequate substantive responses filed on behalf of domestic interested parties and inadequate responses from respondent interested parties, the DOC conducted expedited (120-day) sunset reviews of these orders. As a result of these sunset reviews, the DOC has found that revocation of these CVD orders would be likely to lead to a continuation or recurrence of countervailable subsidies at the levels indicated below:

Countries/Producers                         Subsidy rate (percent) 
Argentina 
Siderar SAIC..................................41.69 ad valorem
All others....................................41.69 ad valorem 
India
Essar Steel Ltd...............................12.90 ad valorem
Ispat Industries Ltd..........................36.51 ad valorem
Steel Authority of India Ltd..................22.89 ad valorem
Tata Iron and Steel Co Ltd....................13.79 ad valorem
All others....................................20.72 ad valorem 
Indonesia 
PT Krakatau Steel.............................10.21 ad valorem
All others....................................10.21 ad valorem 
South Africa 
Saldanha Steel Ltd/Iscor Ltd...................5.76 ad valorem
All others.....................................5.76 ad valorem 
Thailand 
Sahaviriya Steel Industries....................2.38 ad valorem
All others.....................................2.38 ad valorem 

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