July 19, 1999
News Release 99-102
Invs. Nos. 701-TA-393-396 and 731-TA-829-840 (P)

ITC VOTES TO CONTINUE CASES
ON CERTAIN COLD-ROLLED STEEL PRODUCTS
FROM ARGENTINA, BRAZIL, CHINA, INDONESIA, JAPAN, RUSSIA, SLOVAKIA,
SOUTH AFRICA, TAIWAN, THAILAND, TURKEY, AND VENEZUELA

The United States International Trade Commission (ITC) today made its preliminary phase countervailing duty and antidumping duty determinations regarding imports of certain cold-rolled steel products from Argentina, Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela.

The Commission made affirmative determinations with regard to imports of these products from Argentina, Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela that are allegedly sold in the United States at less than fair value, and those from Brazil that are also allegedly subsidized.

As a result of the ITC's affirmative determinations, the U.S. Department of Commerce will continue to conduct antidumping investigations of imports of certain cold-rolled steel products from Argentina, Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela, with its preliminary antidumping determinations due on or about November 9, 1999. The Department of Commerce will also continue to conduct a countervailing duty investigation of imports of these products from Brazil, with its preliminary countervailing duty determination due on or about August 26, 1999.

The Commission made findings of negligibility with regard to allegedly subsidized imports of these products from Indonesia, Thailand, and Venezuela. As a result of the Commission's findings of negligibility, these countervailing duty investigations are terminated.

The Commission's determinations resulted as follows.

Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Carol T. Crawford, Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey made affirmative determinations that there is a reasonable indication that an industry in the United States is materially injured by reason of imports of certain cold-rolled steel products from Argentina, Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela that are allegedly sold in the United States at less than fair value, and those from Brazil that are also allegedly subsidized.

With regard to allegedly subsidized imports of these products from Indonesia and Venezuela, Vice Chairman Miller and Commissioners Crawford, Hillman, Koplan, and Askey made findings of negligibility. Chairman Bragg made affirmative threat determinations with regard to these imports.

With regard to allegedly subsidized imports of these products from Thailand, Vice Chairman Miller and Commissioners Crawford, Hillman, and Askey made findings of negligibility. Chairman Bragg and Commissioner Koplan made affirmative threat determinations with regard to these imports.

The Commission's public report Certain Cold-Rolled Steel Products from Argentina, Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela (Investigations Nos. 701-TA-393-396 and 731-TA-829-840 (Preliminary), USITC Publication 3214, July 1999) will contain the views of the Commission and information developed during the investigations.

Copies of the report are expected to be available without charge after August 16, 1999, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.


UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436

FACTUAL HIGHLIGHTS

Certain Cold-Rolled Steel Products
from Argentina, Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela
Investigations Nos. 701-TA-393-396 (Preliminary)
and 731-TA-829-840 (Preliminary)

Product Description: The imported product subject to these investigations is certain cold-rolled (cold-reduced) carbon-quality steel flat products, neither clad, plated, nor coated with metal, whether or not annealed, painted, varnished, or coated with plastics or other non-metallic substances, both in coils and in straight lengths.

Status of Proceedings:
1.  Type of investigations:  Preliminary countervailing duty and preliminary antidumping.(1)
2.  Petitioners: Bethlehem Steel Corp., Bethlehem, PA; Gulf States Steel, Inc., Gadsden, AL;
    Ispat Inland Inc., East Chicago, IN; LTV Steel Co., Inc., Cleveland, OH; National Steel
    Corp., Mishawaka, IN (2); Steel Dynamics, Inc., Fort Wayne, IN; U.S. Steel Group, a unit of
    USX Corp., Pittsburgh, PA; Weirton Steel Corp., Weirton, WV; United Steelworkers of
    America, Pittsburgh, PA; and Independent Steelworkers Union, Weirton, WV.
3.  Preliminary investigations instituted by the USITC: June 2, 1999.
4.  USITC staff conference: June 23, 1999.
5.  USITC vote: July 19, 1999.
6.  USITC notification of the U.S. Department of Commerce: July 19, 1999.

U.S. Industry:
1.  Number of producers of cold-rolled steel products:  31.
2.  Location of producers' plants:  Production is primarily in Alabama, Arkansas, California,
    Illinois, Indiana, Maryland, Michigan, Ohio, Pennsylvania, South Carolina, and West Virginia.
3.  Employment of production and related workers in 1998: 19,306.
4.  U.S. producers' U.S. shipments (excluding exports)  in 1998:
        Including captive consumption, 31,188,793 short tons (valued at $13.6 billion)
        Open market shipments, 12,375,486 short tons (valued at $5.9 billion)
5.  U.S. apparent consumption in 1998:
        Including captive consumption, 34,892,417 short tons (valued at $15.2 billion)
        Open market consumption, 16,079,110 short tons (valued at $7.5 billion)
6.  Ratio of quantity of subject imports to U.S. apparent consumption in 1998:
        Including captive consumption, 6.8 percent.
        Open market shipments, 14.7 percent.

U.S. Imports:
1.  From the subject countries during 1998: 2,369,956 short tons (valued at $955 million).
2.  From other countries during 1998: 1,333,668 short tons (valued at $634 million).


(1) All countries mentioned are subject to antidumping investigations. Brazil, Indonesia, Thailand, and Venezuela are subject to countervailing duty investigations.

(2) National is not a petitioner with respect to Japan.

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