The US Department of Commerce (DOC) announced the final results of its administrative review of the antidumping order against hot-rolled carbon quality steel flat-rolled products from Brazil Tuesday. The review covered Usinas Siderurgicas de Minas Gerais (USIMINAS) and its subsidiary Companhia Siderurgica Paulista (COSIPA) during the period from March 1, 2008 through February 28, 2009.
The DOC calculated a final weighted-average dumping margin of 5.16 percent for USIMINAS / COSIPA. This compares with the previous dumping duty deposit rate of 43.40 percent for USIMINAS / COSIPA.
Accordingly, effective Tuesday, October 19, 2010, the dumping duty deposit rate became 5.16 percent for USIMINAS / COSIPA. In addition, the DOC will send instructions to US Customs and Border Protection to liquidate entries that were made during the period of review.
There is also a countervailing duty order against hot-rolled carbon quality steel flat-rolled products from Brazil, and the current countervailing duty deposit rate for USIMINAS / COSIPA is 9.67 percent. There is a pending administrative review of the countervailing duty order which covers USIMINAS / COSIPA.
The product covered by these investigations is currently classified in the Harmonized Tariff Schedule of the United States (HTSUS) under item 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, 7210.90.90.00, 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, 7212.40.10.00, 7212.40.50.00, 7212.50.00.00.