ITC Reports Mixed Findings on Stainless Plate from Five Countries
07/21/2011 - The U.S. International Trade Commission determined that revoking the existing CVD order on stainless steel plate from South Africa and the existing AD orders on stainless plate from Belgium, Korea, South Africa, and Taiwan would likely lead to material injury. It also determined that revoking the existing AD order on stainless plate from Italy would not be likely to lead to material injury.
The U.S. International Trade Commission (ITC) determined that revoking the existing countervailing duty (CVD) order on stainless steel plate from South Africa and the existing antidumping duty (AD) orders on stainless plate from Belgium, Korea, South Africa, and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
The Commission also determined that revoking the existing AD order on stainless steel plate from Italy would not be likely to lead to such material injury.
As a result of the Commission's affirmative determinations, the existing orders on imports of these products from Belgium, Korea, South Africa, and Taiwan will remain in place; the existing order on these imports from Italy will be terminated.
With regard to Belgium, Korea, South Africa, and Taiwan, Vice Chairman Irving A. Williamson and Commissioners Charlotte R. Lane, Shara L. Aranoff, and Dean A. Pinkert voted in the affirmative. Chairman Deanna Tanner Okun and Commissioner Daniel R. Pearson voted in the negative.
Regarding Italy, Chairman Deanna Tanner Okun, Vice Chairman Irving A. Williamson, and Commissioners Daniel R. Pearson, Shara L. Aranoff, and Dean A. Pinkert voted in the negative. Commissioner Charlotte R. Lane voted in the affirmative.
The action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act, which requires the Department of Commerce to revoke an AD or CVD order, or terminate a suspension agreement, after five years unless the Department of Commerce and the USITC determine that doing so would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (ITC) within a reasonably foreseeable time.
The sunset review concerning stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan was instituted on June 1, 2010.
On September 7, 2010, the Commission voted to conduct full reviews. With respect to Italy, all six Commissioners found that the domestic group response and the respondent group response were adequate and voted for a full review. With respect to Belgium, Korea, South Africa, and Taiwan, all six Commissioners found that the domestic group response was adequate and the respondent group responses were inadequate, but that circumstances warranted full reviews.
