The US International Trade Commission (ITC) today determined that a US industry is materially injured by reason of imports of carbon and alloy steel cut-to-length plate from China that the US Department of Commerce (DOC) has determined are subsidized and sold in the United States at less than fair value. In a separate ruling, the ITC made the same determination for stainless steel sheet and strip.
As a result of the ITC’s affirmative determinations, the US DOC will issue antidumping and countervailing duty orders on imports of both Chinese products.
However, the ITC made negative findings with respect to critical circumstances with regard to imports of stainless steel sheet and strip from China. As a result, subsidized goods that entered the United States from China prior to July 18, 2016, will not be subject to retroactive countervailing duties, and goods sold at less than fair value that entered the United States prior to September 19, 2016, will not be subject to retroactive antidumping duties (these dates are the dates of the DOC’s affirmative preliminary determinations).