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NEWS RELEASE 00-056; APRIL 27, 2000 April 27, 2000
News Release 00-056
Invs. Nos. 731-TA-839-840 (F)

CERTAIN COLD-ROLLED STEEL PRODUCTS FROM TURKEY AND VENEZUELA DO NOT INJURE U.S. INDUSTRY, SAYS ITC

The United States International Trade Commission (ITC) today determined that an industry in the United States is not materially injured or threatened with material injury by reason of imports of certain cold-rolled steel products from Turkey and Venezuela that the Department of Commerce has determined are sold in the United States at less than fair value.

Vice Chairman Marcia E. Miller, and Commissioners Jennifer A. Hillman, Stephen Koplan, Thelma J. Askey, and Deanna Tanner Okun voted in the negative with respect to both investigations. Chairman Lynn M. Bragg voted in the affirmative with respect to both investigations.

As a result of the Commission's negative determinations, no antidumping duties will be imposed on these imports.

The Commission's public report Certain Cold-Rolled Steel Products from Turkey and Venezuela (Investigations Nos. 731-TA-839-840 (Final), USITC Publication 3297, May 2000) will contain the views of the Commission and information developed during the investigations.

Copies may be obtained after May 25, 2000, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be made by fax to 202-205-2104.


FACTUAL HIGHLIGHTS

Certain Cold-Rolled Steel Products from Turkey and Venezuela 1/
Investigations Nos. 731-TA-839-840 (Final)

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:  final antidumping.
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; 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. Investigations instituted by the USITC: June 2, 1999.
4. USITC hearing: January 20, 2000.
5. USITC vote: April 27, 2000.
6. USITC notification of the U.S. Department of Commerce: May 4, 2000.

U.S. Industry:
1. Number of producers of cold-rolled steel products:  30.
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: 21,637.
4. U.S. producers' U.S. shipments (excluding exports)  in 1998:
        Including captive consumption, 33,976,667 short tons (valued at $14.7 billion)
        Open market shipments, 13,850,413 short tons (valued at $6.4 billion)
5. U.S. apparent consumption in 1998:
        Including captive consumption, 37,591,439 short tons (valued at $16.2 billion)
        Open market consumption, 17,465,185 short tons (valued at $7.9 billion)
6. Ratio of quantity of imports from Turkey and Venezuela to U.S. apparent consumption in 1998:
        Including captive consumption, 0.6 percent.
        Open market shipments, 1.2 percent.

U.S. Imports in 1998:
1. From Turkey and Venezuela: 214,888 short tons (valued at $80 million).
___________________________
1/  Concurrent antidumping investigations were carried out with respect to imports from Argentina,
Brazil, China, Indonesia, Japan, Russia, Slovakia, South Africa, Taiwan and Thailand.  On March 3,
2000, the Commission made negative determinations with respect to Argentina, Brazil, Japan, Russia,
South Africa, and Thailand.  The Commission will vote on the remaining investigations at a later date.
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