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News Release 15-092
Inv. No(s). 701-TA-545-547 and 731-TA-1291-1297 (Preliminary)
Contact: Peg O'Laughlin, 202-205-1819
The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain hot-rolled steel flat products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom that are allegedly sold in the United States at less than fair value and allegedly subsidized by the governments of Brazil, Korea, and Turkey.
Chairman Meredith M. Broadbent, Vice Chairman Dean A. Pinkert, and Commissioners Irving A. Williamson, David S. Johanson, and Rhonda K. Schmidtlein voted in the affirmative. Commissioner F. Scott Kieff did not participate in these investigations.
As a result of the Commission’s affirmative determinations, the U.S. Department of Commerce will continue to conduct its investigations on imports of these products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom, with its preliminary countervailing duty determinations due on or about November 4, 2015, and its preliminary antidumping duty determinations due on or about January 18, 2016.
The Commission’s public report Certain Hot-Rolled Steel Flat Products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom (Investigation Nos. 701-TA-545-547 and 731-TA-1291-1297 (Preliminary), USITC Publication 4570, October 2015) will contain the views of the Commission and information developed during the investigations.
The report will be available after October 23, 2015. After that date, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.
UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436
FACTUAL HIGHLIGHTS
Certain Hot-Rolled Steel Flat Products
from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom
Investigation Nos. 701-TA-545-547 and 731-TA-1291-1297 (Preliminary)
Product Description: The products covered by these investigations are certain hot-rolled steel flat products. The products covered include coils that have a width or other lateral measurement (“width”) of 12.7 mm or greater, regardless of thickness, and regardless of form of coil (e.g., in successively superimposed layers, spirally oscillating, etc.). The products covered also include products not in coils (e.g., in straight lengths) of a thickness of less than 4.75 mm and a width that is 12.7 mm or greater and that measures at least 10 times the thickness. Covered products include those with or without patterns in relief, and whether or not annealed, painted, varnished, or coated with plastics or other non-metallic substances. Covered products do not include those that are clad, plated, or coated with metal.
Status of Proceedings:
1. Type of investigations: Preliminary antidumping and countervailing duty.
2. Petitioners: AK Steel Corporation (West Chester, Ohio), ArcelorMittal USA, LLC (Chicago, Illinois), Nucor Corporation (Charlotte, North Carolina), SSAB Enterprises, LLC (Lisle, Illinois), Steel Dynamics, Inc. (Fort Wayne, Indiana), and United States Steel Corporation (Pittsburgh, Pennsylvania).
3. Preliminary investigations instituted by the USITC: August 11, 2015.
4. Commission’s conference: September 1, 2015.
5. USITC vote: September 24, 2015.
6. USITC determinations due: September 25, 2015.
7. USITC views due: October 2, 2015.
U.S. Industry:
1. Number of producers in 2014: Ten.
2. Location of producers’ plants: Alabama, Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Michigan, Mississippi, Ohio, Oregon, Pennsylvania, and South Carolina.
3. Employment of production and related workers in 2014: 13,014.
4. Apparent U.S. consumption in 2014: $44.3 billion ($21.3 billion merchant market).
5. Ratio of the value of total U.S. imports to total U.S. consumption in 2014: 9.6% (20.0% for merchant market).
U.S. Imports:
1. From subject countries during 2014: $1.9 billion.
2. From other countries during 2014: $2.3 billion.
3. Leading sources during 2014, in terms of value: Canada, Korea, Russia, and Japan.