On Wednesday, the US Department of Commerce (DOC) announced the final results of its administrative review of the antidumping (AD) order on hot-rolled carbon steel flat products from China. The review covers the period from November 1, 2010 through October 31, 2011.
The DOC found that Angang Group International failed to cooperate in the review, and the DOC assigned an "adverse facts available" dumping margin of 90.83 percent to Angang. This compares with Angang's previous dumping duty deposit rate of 31.09 percent.
The DOC found that Baosteel Group Corporation did not have any shipments of hot-rolled flat products to the US during the period of review. Baosteel currently has a dumping duty deposit rate of 12.39 percent, and this rate will remain in place.
The DOC also confirmed that the China-wide dumping duty deposit rate of 90.83 percent applies to the following companies: Bengang Steel Plates Co., Ltd.; Benxi Iron and Steel Group Co., Ltd.; Daye Special Steel Co., Ltd.; Dongbu Special Steel Group; Dongguang Bo Yunte Metal Co., Ltd.; Dongyang Global Strip Steel Co., Ltd.; Haverer Group Ltd.; Hebei Iron and Steel Int'l; Hunan Valin Xiangtan Iron & Steel; Jinan Iron & Steel Co., Ltd.; Shenzhen Zhaoheng Specialty Steel Co.; Union Steel China; Xinyu Iron & Steel Co., Ltd.; and Zhejiang Shenghua Steel Co., Ltd.
Accordingly, effective November 21, 2012, the dumping duty deposit rate for Angang became 90.83 percent, and the dumping duty deposit rates for the other companies remained in effect. In addition, the DOC will send instructions to US Customs and Border Protection to liquidate entries that were made during the period of review.