US ITC removes Turkey from CVD determination in AD/CVD ruling against HRC imports

Tuesday, 13 September 2016 23:40:47 (GMT+3)   |   San Diego
       

The United States International Trade Commission (ITC) today announced its determinations in its antidumping investigations concerning HRC imports from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom and countervailing duty investigations into imports from Brazil, Korea, and Turkey.
 
The ITC determined that an industry in the United States is materially injured by reason of imports of these products from Australia, Brazil, Japan, Korea, the Netherlands, and the United Kingdom, and imports of these products from Turkey that are sold in the United States at less than fair value. 
 
However, the ITC found that imports subsidized by the government of Turkey are negligible.
As a result of the ITC’s affirmative determinations, the US DOC will issue countervailing duty orders on imports of these products from Brazil and Korea and antidumping duty orders on imports of these products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom. 
 
As a result of the Commission’s finding of negligibility, no countervailing duty order will be issued on imports of these products from Turkey.
 
The ITC also made negative findings with respect to critical circumstances with regard to imports of these products from Brazil and Japan.  As a result, goods that entered the United States from Brazil prior to January 15, 2016, will not be subject to retroactive countervailing duties, and goods that entered the United States from Brazil and Japan prior to March 22, 2016, will not be subject to retroactive antidumping duties (dates are the dates of the Department of Commerce’s affirmative preliminary determinations).


Similar articles

Global View on HRC: Most HRC suppliers keep offers stable, mood improves further in Europe

03 May | Flats and Slab

US flat steel prices mixed as sidelined buyers return to a late-April market

03 May | Flats and Slab

Romanian flats prices stable ahead of Orthodox Easter holiday

03 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 18, 2024

02 May | Flats and Slab

Turkish HRC market almost at standstill, buyers await clearer picture from China

02 May | Flats and Slab

European HRC mills cautiously positive on future sales prices, import quotes keep rising

02 May | Flats and Slab

Vietnam’s Hoa Phat raises local HRC prices amid import price hikes

02 May | Flats and Slab

Ex-China HRC prices stable from mills, but tradable level gains $5/mt

30 Apr | Flats and Slab

Emirati buyers continue to favor ex-Japan HRC despite slow demand

30 Apr | Flats and Slab

Indian HRC exporters keep prices stable but mood still positive despite slow trade

30 Apr | Flats and Slab