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News Release 16-116
Inv. No(s). 701-TA-545-547 and 731-TA-1291-1297 (Final)
Contact: Peg O'Laughlin, 202-205-1819
The United States International Trade Commission (USITC) today announced its determinations in its antidumping and countervailing duty investigations concerning imports of hot-rolled steel flat products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom 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 governments of Brazil, Korea, and Turkey.
The Commission determined that an industry in the United States is materially injured by reason of imports of these products from Australia, Brazil, Japan, Korea, the Netherlands, and the United Kingdom, and imports of these products from Turkey that are sold in the United States at less than fair value. The Commission further found that imports subsidized by the government of Turkey are negligible.
Chairman Irving A. Williamson, Vice Chairman David S. Johanson, and Commissioners Dean A. Pinkert, Meredith M. Broadbent, and Rhonda K. Schmidtlein voted in the affirmative with respect to imports from Australia, Brazil, Japan, Korea, the Netherlands, and the United Kingdom and with respect to imports sold at less than fair value from Turkey. Commissioner F. Scott Kieff voted in the affirmative with respect to imports from Brazil, Japan, Korea, the Netherlands, and the United Kingdom and with respect to imports sold at less than fair value from Turkey; he voted in the negative with respect to imports from Australia. All six Commissioners found that imports of these products from Turkey that Commerce has determined are subsidized by the government of Turkey are negligible.
As a result of the USITC’s affirmative determinations, Commerce will issue countervailing duty orders on imports of these products from Brazil and Korea and antidumping duty orders on imports of these products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom. As a result of the Commission’s finding of negligibility, no countervailing duty order will be issued on imports of these products from Turkey.
The Commission also made negative findings with respect to critical circumstances with regard to imports of these products from Brazil and Japan. As a result, goods that entered the United States from Brazil prior to January 15, 2016, will not be subject to retroactive countervailing duties, and goods that entered the United States from Brazil and Japan prior to March 22, 2016, will not be subject to retroactive antidumping duties (dates are the dates of the Department of Commerce’s affirmative preliminary determinations).
The Commission’s public report Hot-Rolled Steel Flat Products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom (Investigation Nos. 701-TA-545-547and 731-TA-1291-1297 (Final), USITC Publication 4638, September 2016) will contain the views of the Commission and information developed during the investigations.
The report will be available by October 18, 2016; 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
Office of Industries
Washington, DC 20436
FACTUAL HIGHLIGHTS
Hot-Rolled Steel Flat Products from Australia, Brazil, Japan, Korea, Netherlands, Turkey, and the United Kingdom
Investigation Nos. 701-TA-545-547 and 731-TA-1291-1297 (Final)
Product Description: The products covered by these investigations are certain hot-rolled, flat-rolled steel 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: Final 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. Investigations instituted by the USITC: August 11, 2015.
4. USITC hearing: August 4, 2016.
5. USITC vote: September 12, 2016.
6. USITC views to the U.S. Department of Commerce: September 26, 2016.
U.S. Industry:
1. Number of producers in 2015: 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 2015: 18,408.
4. Apparent U.S. consumption in 2015: $30.5 billion ($13.8 billion merchant market).
5. Ratio of the value of total U.S. imports to total U.S. consumption in 2015: 9.9% (21.9% of merchant market).
U.S. Imports:
1. From subject countries during 2015: $1.8 billion.
2. From other countries during 2015: $1.2 billion.
3. Leading sources during 2015: Canada, Korea, Brazil, and Japan, in terms of value.