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US issues final dumping duties on steel plate from Brazil, South Africa, Turkey

Increase font size  Decrease font size Date:2016-12-02   Views:561
Issuing an affirmative final determination Wednesday, the US Department of Commerce maintained high antidumping margins for cut-to-length steel plate imports from Brazil, South Africa and Turkey.

All Brazilian companies received a 74.52% dumping margin based on adverse facts available, in line with Commerce's preliminary determinations issued in September.

South Africa's Evraz Highveld Steel and Vanadium Corp. each received a 94.14% dumping margin. All other South African producers and exporters are subject to a 87.72% rate.

Turkey's Erdemir received a 50% final dumping margin, while all other Turkish companies face a 42.02% margin.

Commerce will instruct US Customs and Border Protection to collect cash deposits based on these preliminary rates. Commerce also previously found critical circumstances exist with regard to all Brazilian and Turkish companies.

The US International Trade Commission also must make an affirmative determination that US plate makers have been injured by these imports and that critical circumstances exist. The ITC's final injury determination is due January 13, 2017.

ArcelorMittal USA, Nucor and SSAB Enterprises on April 8 petitioned for antidumping duties on cut-to-length plate imports from Austria, Belgium, Brazil, China, France, Germany, Italy, Japan, Korea, South Africa, Taiwan and Turkey and countervailing duties on imports from China, South Korea and Brazil. The ITC dropped the Brazil countervailing duty investigation.
 
 
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