May 8, 2017

U.S. International Trade Commission Approves Duties On Cut-To-Length Carbon And Alloy Steel Plate

Last Friday, as reported by American Metal Market (subscription required), the U.S. International Trade Commission (ITC) announced that it had made a final determination that cut-to-length carbon and alloy steel plate imports from Austria, Belgium, France, Germany, Italy, Japan, South Korea, and Taiwan have injured U.S. mills. 

The decision by the ITC was unanimous and, because of it, the U.S. Commerce Department will issue antidumping duty orders on imports of this product from those eight countries and will execute a countervailing duty order on imports of this product from South Korea. 

Click here to read the ITC’s full statement. 

The anti-dumping margins will range from 3.62 percent to 148.02 percent. Specifically, according to AMM: Austria faces anti-dumping margins of 53.72 percent; Belgium, 5.4 percent to 51.79 percent; France, 6.15 percent to 148.02 percent; Germany, 5.52 percent to 22.90 percent; Italy, 6.08 percent to 22.19 percent; Japan, 14.79 percent to 48.67 percent; South Korea, 7.39 percent; and Taiwan, 3.62 percent to 6.95 percent.