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News Release 16-068
Inv. No(s). 701-TA-561 and 731-TA-1317-1318, 1321-1325, and 1327 (Final)
Contact: Peg O'Laughlin, 202-205-1819
The United States International Trade Commission (USITC) today determined that a U.S. industry is materially injured by reason of imports of carbon and alloy steel cut-to-length plate from Austria, Belgium, France, Germany, Italy, Japan, Korea, and Taiwan that the U.S. Department of Commerce (Commerce) has determined are sold in the United States at less than fair value and subsidized by the government of Korea.
Chairman Rhonda K. Schmidtlein, Vice Chairman David S. Johanson, and Commissioners Irving A. Williamson, Meredith M. Broadbent, and F. Scott Kieff voted in the affirmative.
As a result of the USITC’s affirmative determinations, Commerce will issue antidumping duty orders on imports of this product from Austria, Belgium, France, Germany, Italy, Japan, Korea, and Taiwan and a countervailing duty order on imports of this product from Korea.
The Commission also made negative findings with respect to critical circumstances with regard to imports of this product from Austria, Belgium, and Italy. As a result, goods sold at less than fair value that entered the United States prior to November 14, 2016 (date of Commerce’s affirmative preliminary determinations), will not be subject to retroactive antidumping duties.
The Commission’s public report Carbon and Alloy Steel Cut-to-Length Plate from Austria, Belgium, France, Germany, Italy, Japan, Korea, and Taiwan (Investigation Nos. 701-TA-561 and 731-TA-1317-1318, 1321-1325, and 1327 (Final), USITC Publication 4691, May 2017) will contain the views of the Commission and information developed during the investigations.
The report will be available by June 7, 2017; when available, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.
UNITED STATES INTERNATIONAL TRADE COMMISSION
Washington, DC 20436
FACTUAL HIGHLIGHTS
Carbon and Alloy Steel Cut-to-length Plate from Austria, Belgium, France, Germany, Italy, Japan, Korea, and Taiwan
Investigation Nos. 701-TA-561, and 731-TA-1317-1318, 1321-1325, and 1327 (Final)
Product Description: Cut-to-length (CTL) plate is a flat-rolled or press-forged carbon or alloy steel product that is 4.75 millimeters or more in thickness. CTL plate is available in a variety of widths, thicknesses, and shapes. The term “cut-to-length” refers to a flat plate product with a defined length. Most plate is used in load-bearing and structural applications, such as agricultural and construction equipment (e.g., cranes, bulldozers, scrapers, and other tracked or self-propelled machinery); bridges; machine parts (e.g., the body of the machine or its frame); electricity transmission towers and light poles; buildings (especially nonresidential); and heavy transportation equipment, such as railroad cars (especially tank cars) and ships. The product scope also includes wide flat carbon steel bar at least 150 mm (5.9 inches) in width.
Status of Proceedings:
1. Type of investigation: Final antidumping and countervailing duty.
2. Petitioners: ArcelorMittal USA LLC, Chicago, Illinois; Nucor Corporation, Charlotte, North Carolina; and SSAB Enterprises, LLC, Lisle, Illinois.
3. Investigation instituted by USITC: April 8, 2016.
4. USITC hearing: November 30, 2016.
5. USITC vote on Austria, Belgium, France, Germany, Italy, Japan, Korea, and Taiwan: May 5, 2017.
6. USITC notification of Department of Commerce: May 18, 2017.
U.S. Industry:
1. Number of U.S. producers in 2015: 21.
2. Location of producers’ plants: Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, and Utah.
3. Employment of production and related workers in 2015: 4,591.
4. U.S. producers’ U.S. shipments in 2015: $4.7 billion.
5. Apparent U.S. consumption in 2015: $5.8 billion.
6. Ratio of subject imports to apparent U.S. consumption in 2015: [1]
U.S. Imports in 2015:
1. From Austria, Belgium, China, France, Germany, Italy, Japan, and Taiwan during 2015: $594.6 million[2].
2. From Brazil, South Africa, and Turkey during 2015: $52.4 million.
3. Leading sources during 2015: Korea, Germany, and France (in terms of total value).
[1] Withheld to avoid disclosure of business proprietary information.
[2] Imports from Korea are excluded to avoid disclosure of business proprietary information.
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