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News Release 16-077
Inv. No(s). 701-TA-541 and 731-TA-1284 and 1286 (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 cold-rolled steel flat products from China and Japan that the U.S. Department of Commerce has determined are sold in the United States at less than fair value and subsidized by the government of China.
All six Commissioners voted in the affirmative.
As a result of the USITC’s affirmative determinations, Commerce will issue a countervailing duty order on imports of these products from China and antidumping duty orders on imports of these products from China and Japan.
The Commission also made negative findings with respect to critical circumstances with regard to imports of these products from China and Japan. As a result, goods that entered the United States from China prior to December 22, 2015, will not be subject to retroactive countervailing duties, and goods that entered the United States from China and Japan prior to March 7, 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 Cold-Rolled Steel Flat Products from China and Japan (Investigation Nos. 701-TA-541 and 731-TA-1284 and 1286 (Final), USITC Publication 4619, July 2016) will contain the views of the Commission and information developed during the investigations.
The report will be available by July 26, 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
Washington, DC 20436
FACTUAL HIGHLIGHTS
Cold-Rolled Steel Flat Products from Brazil, China, India, Japan, Korea, Russia, and the United Kingdom
Investigation Nos. 701-TA-540-544 and 731-TA-1283-1287, 1289-1290 (Final)
Product Description: The products covered by these investigations are certain cold-rolled (cold-reduced), flat rolled steel products, whether or not annealed, painted, varnished, or coated with plastics or other non-metallic substances. The products covered do not include those that are clad, plated, or coated with metal. The products covered include coils that have a width or other lateral measurement (‘‘width’’) of 12.7 mm or greater, 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 less than 4.75 mm and a width that is 12.7 mm or greater and that measures at least 10 times the thickness. The products covered also include products not in coils (e.g., in straight lengths) of a thickness of 4.75 mm or more and a width exceeding 150 mm and measuring at least twice the thickness. The products described above may be rectangular, square, circular, or other shape and include products of either rectangular or non-rectangular cross-section where such cross-section is achieved subsequent to the rolling process, i.e., products which have been ‘‘worked after rolling’’ (e.g., products which have been beveled or rounded at the edges.
Status of Proceedings:
1. Type of investigation: Final antidumping and countervailing duty.
2. Petitioners: AK Steel Corp., West Chester, Ohio; ArcelorMittal USA LLC, Chicago, Illinois; Nucor Corp., Charlotte, North Carolina; Steel Dynamics, Inc., Fort Wayne, Indiana; and United States Steel Corp., Pittsburgh, Pennsylvania.
3. Investigation instituted by USITC: July 28, 2015.
4. USITC hearing: May 24, 2016.
5. USITC vote: June 22, 2016 (China and Japan).
6. USITC notification of Department of Commerce: July 7, 2016 (China and Japan).
U.S. Industry:
1. Number of U.S. producers in 2015: 13.
2. Location of producers’ plants: Alabama, Arkansas, California, Illinois, Indiana, Kentucky, Michigan, Mississippi, New York, Ohio, Pennsylvania, South Carolina, Washington, and West Virginia.
3. Employment of production and related workers in 2015: 11,218.
4. U.S. producers’ U.S. shipments in 2015: $6.8 billion (merchant market).
5. U.S. producers’ U.S. shipments in 2015: $18.3 billion (total market).
6. Apparent U.S. consumption in 2015: $8.4 billion (merchant market).
7. Apparent U.S. consumption in 2015: $19.9 billion (total market).
8. Ratio of subject imports to apparent U.S. consumption in 2015: 10.7 percent (7 subject countries, merchant market).
9. Ratio of subject imports to apparent U.S. consumption in 2015: 4.5 percent (7 subject countries, total market).
U.S. Imports in 2015:
1. From China and Japan during 2015: $431.5 million.
2. From Brazil, India, Korea, Russia, and the United Kingdom during 2015: $467.8 million.
3. From other countries during 2015: $712.0 million
4. Leading sources during 2015: China, Canada, and Korea (in terms of total value).