On March 8, the US Department of Commerce (DOC) announced the final results of its second set of expedited sunset reviews of the countervailing duty (CVD) orders against cut-to-length (CTL) carbon-quality steel plate from India, Indonesia, Italy and South Korea.
As a result of these sunset reviews, the DOC found that revocation of the CVD orders would be likely to lead to continuation or recurrence of countervailable subsidy.
ArcelorMittal Steel USA Inc., Evraz NA Claymont Steel, Evraz NA Oregon Steel Mills, Nucor Corporation and SSAB N.A.D are the local interested parties in the review.
As a result of its review, the DOC determined the following CVD margins:
Country |
Company |
CVD margin (%) |
Steel Authority of India, Ltd All others |
12.82 12.82 |
|
PT Krakatau Steel All others |
47.71 15.90 |
|
ILVA S.p.A. All others |
2.38 2.38 |
|
South Korea |
Dongkuk Steel Mill Co., Ltd All others |
1.38 1.38 |
Indonesia's P.T. Gunawan Steel and P.T. Jaya Pari, Italy's Palini & Bertol and South Korea's POSCO were excluded from the review on the basis of a de minimis net subsidy.
The merchandise subject to the orders is currently classifiable in the Harmonized Tariff Schedule of the United States (HTSUS) under subheadings: 7208.40.3030, 7208.40.3060, 7208.51.0030, 7208.51.0045, 7208.51.0060, 7208.52.0000, 7208.53.0000, 7208.90.0000, 7210.70.3000, 7210.90.9000, 7211.13.0000, 7211.14.0030, 7211.14.0045, 7211.90.0000, 7212.40.1000, 7212.40.5000, 7212.50.0000, 7225.40.3050, 7225.40.7000, 7225.50.6000, 7225.99.0090, 7226.91.5000, 7226.91.7000, 7226.91.8000 and 7226.99.0000.