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ITC Makes Decision on Stainless Steel Sheet and Strip from Multiple Countries
07/11/2011 - The U.S. International Trade Commission has determined that revoking the existing countervailing duty order on stainless steel sheet and strip from Korea and the existing antidumping duty orders on stainless steel sheet and strip from Japan, Korea, and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
The U.S. International Trade Commission (USITC) has determined that revoking the existing countervailing duty (CVD) order on stainless steel sheet and strip from Korea and the existing antidumping duty (AD) orders on stainless steel sheet and strip from Japan, Korea, and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
It also determined that revoking the existing AD orders on imports of these products from Germany, Italy, and Mexico would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
As a result of the Commission's affirmative determinations, the existing orders on imports of these products from Japan, Korea, and Taiwan will remain in place. The existing orders on imports of these products from Germany, Italy, and Mexico will be revoked.
Commissioner Shara L. Aranoff and Vice Chairman Irving A. Williamson voted in the affirmative with respect to Japan, Korea, and Taiwan, and in the negative with respect to Germany, Italy, and Mexico. Commissioner Dean A. Pinkert voted in the affirmative with respect to Japan, Korea, Mexico, and Taiwan, and in the negative with respect to Germany and Italy. Commissioner Charlotte R. Lane voted in the affirmative with respect to all countries. Chairman Deanna Tanner Okun and Commissioner Daniel R. Pearson voted in the negative with respect to all countries.
The action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. The sunset reviews concerning stainless steel sheet and strip from Germany, Italy, Japan, Korea, Mexico, and Taiwan were instituted on June 1, 2010.
On September 7, 2010, the Commission voted to conduct full reviews. With respect to Germany, Italy, Korea, and Mexico, all six Commissioners found that the domestic group response and the respondent group responses were adequate and voted for full reviews. With respect to Japan and Korea, all six Commissioners found that the domestic group response was adequate and the respondent group responses were inadequate, but that circumstances warranted full reviews.
