Tag: Countervailing Duties

Commerce Starts New Anti-Dumping/Countervailing Duty Investigations of Steel Wire Rod

Commerce Starts New Anti-Dumping/Countervailing Duty Investigations of Steel Wire Rod

The Department of Commerce started investigations of imports of carbon and alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom, and companion countervailing duty investigations of imports of carbon and alloy steel wire rod from Italy and Turkey. The investigations cover hot-rolled products of carbon and alloy steel.
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The alleged dumping margins range from 18.89% (Italy) to 756.93% (Russia) and both of the alleged countervailing subsidies are above de minimis (less than 2%). The U.S. International Trade Commission is scheduled to make its preliminary injury determinations on or before May 12, 2017.
The petitioners are Gerdau Ameristeel US Inc. in Florida, Nucor Corporation based in North Carolina, Keystone Consolidated Industries of Texas, and Charter Steel in Wisconsin.

Carbon and Alloy Steel Plate Anti-Dumping Duties Finalized, Japan and France Hardest Hit

Carbon and Alloy Steel Plate Anti-Dumping Duties Finalized, Japan and France Hardest Hit

The Department of Commerce today announced its affirmative final determinations that steel producers in Austria, Belgium, France, Germany, Italy, Japan, the Republic of Korea (South Korea), and Taiwan are dumping imports of carbon and alloy steel plate in the U.S.
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Margins in the dumping investigations ranged from 3.62% to 148.02%, and were, in certain instances, based on adverse findings against non-cooperative responding parties. Commerce also determined that critical circumstances exist in three investigations, allowing for collection of duties for a retroactive period of 90 days before the preliminary determination, spanning back to August 16. Commerce also found that South Korea is providing unfair subsidies to its producers of steel plate at a countervailable duty rate of 4.31%. As a result of these final affirmative determinations, Commerce will instruct Customs and Border Protection to collect cash deposits based on these final rates.
“A healthy steel industry is critical to our economy and manufacturing base, yet our steel industry today is under assault from foreign producers that dump and subsidize their exports,” Secretary of Commerce Wilbur Ross said in a press release about the new anti-dumping and countervailing duties. “After a thorough investigation, the Department of Commerce has found that exporters of steel plate have received government subsidies and sold at unfairly low prices in the United States. The Trump administration is unequivocally committed to the vigorous enforcement of America’s trade laws, including the finding of critical circumstances and the retroactive collection of duties when appropriate. We will ensure U.S. businesses and workers are treated fairly.”
The International Trade Commission is scheduled to make its final injury determinations on or about May 15.

Austrian Producers Hit With Nearly 54% Duties

In the Austria investigation, Commerce found that dumping has occurred by the sole mandatory respondent Bohler Edelstahl GmbH & Co KG, Bohler Bleche GmbH & Co KG, Bohler International GmbH, Voestalpine Grobblech GmbH, and Voestalpine Steel Service Center GmbH (collectively, Voestalpine) at a dumping margin of 53.72%. Commerce calculated a dumping margin of 53.72% for all other producers/exporters in Austria.

Duties for Belgian Plate Producers

In the Belgium investigation, Commerce found that dumping has occurred by mandatory respondent Industeel Belgium S.A. at a final dumping margin of 5.40%. Additionally, Commerce
established a dumping margin of 51.78%, based on adverse facts available, for mandatory
respondent NLMK Clabecq S.A., NLMK Plate Sales S.A., NLMK Sales Europe S.A., NLMK
Manage Steel Center S.A., and NLMK La Louviere S.A. (collectively, NLMK Belgium). Commerce calculated a dumping margin of 5.40% for all other producers/exporters in Belgium.

Nearly 150% Duties for France’s Dillinger SA

In the France investigation, Commerce found that dumping has occurred by mandatory respondent
Dillinger France S.A.at a final dumping margin of 8.62%. Additionally, Commerce established a dumping margin of 148.02%, based on adverse facts available, for mandatory respondent Industeel France S.A. Commerce calculated a dumping margin of 8.62% for all other producers/exporters in France.

Germany Investigation

In the Germany investigation, Commerce found that dumping has occurred by mandatory respondent AG der Dillinger Hüttenwerke at a final dumping margin of 5.38%, and dumping occurred by respondent Ilsenburger Grobblech GmbH, Salzgitter Mannesmann Grobblech GmbH, Salzgitter Flachstahl GmbH, and Salzgitter Mannesmann International GmbH (collectively, Salzgitter) at a final dumping margin of 22.90%.
Commerce calculated a dumping margin of 21.03% for all other producers/exporters in Germany.

Italy Investigation

In the Italy investigation, Commerce found that dumping occurred by mandatory respondent
Officine Tecnosiders.r.l. at a final dumping margin of 6.08%. Additionally, commerce established a dumping margin of 22.19%, based on adverse facts available, for mandatory respondents Marcegaglia SpA and NLMK Verona SpA. Commerce calculated a dumping margin of 6.08% for all other producers/exporters in Italy.

Japan Investigation

In the Japan investigation, Commerce found that dumping has occurred by mandatory respondent Tokyo Steel Manufacturing Co., Ltd., at a dumping margin of 14.79%. Additionally, commerce established a dumping margin of 48.67%, based on adverse facts available, for mandatory respondents JFE Steel Corporation and Shimabun Corporation. Commerce calculated a
dumping margin of 14.79% for all other producers/exporters in Japan.

Republic of Korea Investigation

In the Korea anti-dumping investigation, commerce found that dumping has occurred by mandatory
respondent POSCO (formerly the Pohang Iron & Steel Corp.) at a dumping margin of 7.39%. Commerce calculated a dumping margin of 7.39% for all other producers/exporters in South Korea.
In accordance with the scope of the investigation, the application of POSCO’s margin to all-
other producers/exporters applies only to subject CTL plate not within the description of cut-to-length carbon quality steel plate in the 1999 South Korea anti-dumping order.
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In the South Korea countervailing duties investigation, commerce calculated a subsidy rate
of 4.31%for POSCO and a subsidy rate of 4.31% for all other producers/exporters in the Republic of Korea.
The countervailing duties margin’s application is also subject CTL plate not within the 1999 order of the same.

Taiwan Investigation

In the Taiwan investigation, commerce found that dumping has occurred by mandatory respondents
Shang Chen Steel Co., Ltd. and China Steel Corp. at dumping margins of 3.62% and
6.95%, respectively. Commerce calculated a dumping margin of 5.29% for all other
producers/exporters in Taiwan.
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Critical circumstances were alleged with respect to imports of CTL plate from Austria, Belgium,
Italy, the Republic of Korea, and Taiwan.
The petitioners are ArcelorMittal USA LLC in Illinois, Nucor Corporation in North Carolina and SSAB Enterprises in Ill.

More Countervailing Duties Placed on Turkish Rebar Imports

More Countervailing Duties Placed on Turkish Rebar Imports

The Department of Commerce placed preliminary countervailing duties on Turkish steel rebar imports today, the trade case is ongoing.
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Countervailing duties are placed on products found by Commerce to have been injuriously subsidized by foreign governments importing said products into the U.S. The definition of a countervailable subsidy is financial assistance from foreign governments that benefits the production of goods from foreign companies and is limited to specific enterprises or industries, or is contingent either upon export performance or upon the use of domestic goods over imported goods.
Commerce calculated a preliminary subsidy rate of 3.47% for the mandatory respondent Habaş Sinai ve Tibbi Gazlar Istihsal Endüstrisi A.Ş. (Habas).
There an existing countervailing duty on rebar from the Republic of Turkey (79 Fed. Reg. 65,926 (Dep’t Commerce Nov. 6, 2014). This new countervailing duties investigation on rebar from Turkey covers only rebar produced and/or exported by those companies that are excluded from the 2014 Turkey order.
At the time of the issuance of the 2014 order, Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. was the only excluded Turkish rebar producer or exporter. Although Commerce has established an “all others rate” in this investigation, there is currently no Turkish rebar producer or exporter that would be subject to it.
Commerce will instruct U.S. Customs and Border Protection to require cash deposits based on the preliminary (3.47%) rate.
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The petitioners are the Rebar Trade Action Coalition and its individual members: Byer Steel Group, Inc. of Ohio, Commercial Metals Company of Texas, Gerdau Ameristeel U.S. Inc. of Fla., Nucor Corporation of North Carolina, and Steel Dynamics, Inc. of Indiana.
Commerce is scheduled to announce its final determination on or about May 16, 2017, unless the statutory deadline is extended.

POSCO Hardest Hit in Final Hot-Rolled Steel Anti-Dumping Duties

POSCO Hardest Hit in Final Hot-Rolled Steel Anti-Dumping Duties

the Department of Commerce announced itsfinal determinations in the anti-dumping duty investigations of imports of hot-rolled steel flat products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the U.K., and the countervailing duty investigations of imports of hot-rolled steel from Brazil, Korea, and Turkey.

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The big loser in this latest round of tariffs was South Korean steel giant POSCO (formerly the Pohang Iron & Steel Company) which received a total of 60.93% anti-dumping (57.04%) and countervailing duty (3.89%) tariffs on its hot-rolled imports.

Dumping occurs when a foreign company sells a product in the United States at less than its fair value. A countervailable subsidy is financial assistance from a foreign government that benefits the production of goods from foreign companies and is limited to specific enterprises or industries, or is contingent either upon export performance or upon the use of domestic goods over imported goods.

Australia

In the Australia investigation, Commerce found that dumping has occurred by mandatory respondent BlueScope Steel Ltd. at a dumping margin of 29.37%. Commerce calculated a final dumping margin of 29.37% for all other producers/exporters in Australia.

Brazil

In the Brazil anti-dumping investigation, Commerce found that dumping occurred by mandatory respondents, Companhia Siderurgica Nacional (CSN) and Usinas Siderurgicas de Minas Gerais (Usiminas) at dumping margins of 33.14% and 34.28%, respectively. The rate for Usiminas was calculated using total adverse facts available because the company did not respond to Commerce’s questionnaire. Commerce calculated a final dumping margin of 33.14% for all other producers/exporters in Brazil.

Brazilian steelmakers also received countervailing duties. Commerce calculated subsidy rates of 11.30% and 11.09%, respectively, for CSN and Usiminas. Commerce calculated a final subsidy rate of 11.20% for all other producers/exporters in Brazil. CSN got a total AD/CVD hit of 44.44% and Usiminas 45.37%, some of the higher total tariffs on any of the importer countries.

Japan

In the Japan anti-dumping investigation, Commerce found that dumping occurred by mandatory respondents JFE Steel Corporation and Nippon Steel & Sumitomo Metal Corporation at dumping margins of 7.51% and 4.99%, respectively. Commerce calculated a final dumping margin of 5.58% for all other producers/exporters in Japan. There were no additional countervailing duties for Japanese steelmakers.

Republic of Korea

In the Korea anti-dumping investigation, Commerce found that dumping has occurred by mandatory respondents Hyundai Steel Company and the aforementioned POSCO at dumping margins of 9.49% and 3.89%, respectively. Commerce calculated a final dumping margin of 5.55% for all other producers/exporters in Korea.

The countervailing duties investigation for the Republic of Korea got interesting. Commerce calculated a final subsidy rate of 3.89% for Hyundai Steel but for POSCO, Commerce calculated a subsidy rate of 57.04% based on adverse facts available because the department was unable to verify the accuracy of certain key elements of POSCO’s questionnaire response. Commerce calculated a final subsidy rate of 3.89% for all other producers/exporters in Korea.

The Netherlands

In the Netherlands anti-dumping investigation, Commerce found that dumping occurred by mandatory respondent Tata Steel IJmuiden B.V. at a dumping margin of 3.73%. Commerce calculated a final dumping margin of 3.73% for all other producers/exporters in the Netherlands.

Turkey

In the Turkey anti-dumping investigation, Commerce found that dumping occurred by mandatory respondents Colakoglu Metalurji A.S./Colakoglu Dis Ticaret A.S. and Ereğli Demir ve Çelik Fabrikaları T.A.Ş./Iskendrun Demir ve Çelik T.A.Ş. at dumping margins of 7.15% and 3.66%, respectively. Commerce calculated a final dumping margin of 6.67% for all other producers/exporters in Turkey. In the Turkey countervailing duties investigation, Commerce calculated subsidy rates of 0.34 percent (de minimis) and 6.01% for Colakoglu Dis Ticaret A.S. and Eregli Demir ve Celik Fabrikalari T.A.S., respectively. All other producers/exporters in Turkey were assigned a final subsidy rate of 6.01%.

United Kingdom

In the U.K. anti-dumping investigation, Commerce found that dumping has occurred by mandatory respondent Tata Steel UK Ltd. at a dumping margin of 33.06%. Commerce calculated a final dumping margin of 33.06% for all other producers/exporters in the U.K.

As with all anti-dumping and countervailing duty determinations, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits equal to the applicable weighted-average dumping/countervailing duty margins.

 

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