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ITC to Revoke Orders for Structural Steel Beams from Japan and Korea

02/24/2006 -  

Feb. 24, 2006 —The U.S. International Trade Commission (ITC) will revoke its existing countervailing duty and antidumping duty orders on imports of structural steel beams from Japan and Korea. The action is the result of the Commission’s five-year (sunset) review and determination that revoking the existing orders would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the ITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (ITC) within a reasonably foreseeable time.

Five-year (sunset) reviews regarding Structural Steel Beams from Japan and Korea were instituted on May 1, 2005. On August 5, 2005, the Commission voted to conduct full reviews.

For the injury determination, Chairman Stephen Koplan, Vice Chairman Deanna Tanner Okun, and Commissioners Jennifer A. Hillman, Daniel R. Pearson, and Shara L. Aranoff found that revoking the existing orders would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Commissioner Charlotte R. Lane found that revoking the existing orders would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.