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AD/CV: Cold-Rolled Steel, Hot-Rolled Steel

Tuesday, September 20, 2016
Sandler, Travis & Rosenberg Trade Report

Cold-Rolled Steel. The International Trade Administration has issued antidumping duty orders on cold-rolled steel flat products from Brazil, Korea, India, and the United Kingdom and has revised the weighted average dumping margins, which are now 19.58 percent to 35.43 percent for Brazil, 7.60 percent for India, 6.32 percent to 34.33 percent for Korea, and 5.40 percent to 25.17 percent for the UK. The ITA will instruct U.S. Customs and Border Protection to assess AD duties on entries of subject goods at these rates and to require AD cash deposits on subject goods at rates that have been adjusted where appropriate for export subsidies found in the companion countervailing duty investigations: 15.49 percent to 31.66 percent for Brazil, 6.70 percent for India, and zero to 34.33 percent for Korea.

The ITA ha also issued CV duty orders on cold-rolled steel flat products from Brazil, Korea, and India. As a result, the ITA will direct CBP to assess CV duties and require CV cash deposits on entries of subject goods at the net subsidy rates, which are 11.09 percent to 11.31 percent for Brazil, ten percent for Brazil, and 3.89 percent to 59.72 percent for Korea.

Hot-Rolled Steel. In its sunset review of the AD duty order on hot-rolled flat-rolled carbon-quality steel products from Russia, the International Trade Commission has determined that revoking this order would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result, this order will remain in place for five years.

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