Open / Close Advertisement

ITC to Retain Duty Orders on Hot Rolled Carbon Steel Imports

04/18/2005 - The U.S. International Trade Commission (ITC) has voted to uphold existing countervailing duty and antidumping duty orders on hot-rolled carbon steel products imported from Brazil, Japan and Russia.

The U.S. International Trade Commission (ITC) has voted to uphold existing countervailing duty and antidumping duty orders on hot-rolled carbon steel products imported from Brazil, Japan and Russia.

Five-year (sunset) reviews into Hot-Rolled Carbon Steel Products from Brazil, Japan, and Russia were instituted on May 3, 2004.

On August 6, 2004, the Commission voted to conduct full reviews.

With regard to Brazil and Japan, all six Commissioners concluded that the domestic group responses were adequate and the respondent group responses were inadequate, but that circumstances warranted full reviews.

With regard to Russia, all six Commissioners concluded that both the domestic and respondent group responses were adequate and voted for a full review.

The decision follows an investigation in which the Department of Commerce concluded that revoking the existing countervailing duty and antidumping duty orders for hot rolled steel from Brazil and Japan or terminating the suspended antidumping investigation into hot rolled steel from Russia would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. The investigation is part of the five-year (sunset) review process required by the Uruguay Round Agreements Act.

Chairman Stephen Koplan and Commissioners Marcia E. Miller, Jennifer A. Hillman, and Charlotte R. Lane found that revoking the existing orders and terminating the suspended investigation would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Vice Chairman Deanna Tanner Okun and Commissioner Daniel R. Pearson found that revoking the existing orders and terminating the suspended investigation would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.