On Thursday, the US Department of Commerce (DOC) announced that, as a result of the affirmative determinations by the DOC and the US International Trade Commission (ITC) in their respective sunset reviews, the antidumping (AD) orders on stainless steel bar from Brazil, India, Japan, and Spain will be continued for a further period of five years.
Also Thursday, the US DOC announced the preliminary results of its administrative review of the antidumping order on cut-to-length carbon steel plate from China.
The review covers four Chinese producers/ exporters - Anshan Iron & Steel Group (Anshan); Bao/Baoshan International Trade Corp. / Bao Steel Metals Trading Corp. (Baoshan); Hunan Valin Xiangtan Iron & Steel Co., Ltd. (Hunan Valin); and China Metallurgical Import and Export Liaoning Company (Liaoning) - during the period from November 1, 2010 through October 31, 2011.
The DOC has preliminarily determined that Baoshan and Hunan Valin did not have any reviewable transactions during the period of review. If the DOC makes the same determination in its final results, then the review will be rescinded for these two companies. Currently, the dumping duty deposit rates are 30.51 percent for Baoshan and 0.00 percent for Hunan Valin.
The DOC has also preliminarily determined that Anshan and Liaoning failed to establish their eligibility for separate rate status, which means - if this determination is confirmed in the DOC's final results - these companies will be assigned the China-wide dumping margin of 128.59 percent. Currently, the dumping duty deposit rates are 30.68 percent for Anshan and 128.59 percent for Liaoning.
The DOC plans to complete this review and issue its final results by December 2012. Until that time, the current dumping duty deposit rates will remain in effect.