US DOC issues preliminary results of administrative review of AD order against CTL plate from China

On Monday, the US Department of Commerce (DOC) announced the preliminary results of its administrative review of the antidumping order against cut-to-length carbon steel plate from China.

The review covers four Chinese producers/ exporters -- Anshan Iron & Steel Group (AISCO/ Anshan International/Sincerely Asia Ltd.); Baoshan (Bao/Baoshan International Trade Corp./Bao Steel Metals Trading Corp., Shanghai Baosteel Group Corporation, and Baoshan Iron and Steel Co., Ltd.; Shanghai Pudong Steel & Iron Co.); Baosteel Group; and Hunan Valin Xiangtan Iron & Steel Co., Ltd. -- during the period from November 1, 2007 through October 31, 2008.

The DOC has preliminarily calculated a weighted-average dumping margin of zero (0.00 percent) for Hunan Valin Xiangtan Iron & Steel. This compares with the company's current dumping duty deposit rate of 128.59 percent -- the China-wide rate.

In addition, the DOC has decided to rescind the administrative review with respect to the Anshan Iron & Steel Group; Baoshan; and the Baosteel Group because the petitioners have withdrawn their request for reviews of these companies.

The DOC plans to complete this review and issue its final results by December 2009. Until that time, the current dumping duty deposit rates will remain in effect.