China Baoshan Iron & Steel Co., Ltd.	Dumping Margin 159.21%
All Others Russia OJSC Novolipetsk Steel/ VIZ-Steel LLC All Others South Korea POSCO All Others China  Baoshan Iron & Steel Co., Ltd. All Others	159.21%     119.88% 68.98%    3.68% 3.68% Subsidy Margin  127.69% 127.69%

 
The U.S. government imposes antidumping duties on imported goods to offset unfair pricing due to dumping by companies and countervailing duties on imported goods to offset unfair pricing due to subsidies by foreign governments.
 
"We are pleased with the Commerce Department's findings in these investigations that considerable unfair pricing of GOES from China, Korea, and Russia is occurring in the U.S. market," said David A. Hartquist, counsel to the domestic industry.  "In combination with the significant dumping of GOES that the Commerce Department has previously found from the Czech Republic, Germany, Japan, and Poland, this further unfair pricing underscores how negative conditions have been and remain in the United States for domestic producers of GOES.  This outcome marks an important step in the efforts of the domestic industry and its workers to obtain relief from the injury caused by unfairly traded imports.  The next event in this case will be a vote by the U.S. International Trade Commission on October 23 as to whether GOES imported from the People's Republic of China, the Czech Republic, Russia, and South Korea have caused material injury to the U.S. producers," Hartquist concluded.
 
The DOC's determinations follow the filing, on 18 September 2013, of antidumping and countervailing duty petitions by domestic GOES producers AK Steel Corporation and Allegheny Ludlum, LLC d/b/a ATI Flat Rolled Products, an Allegheny Technologies company, as well as the United Steelworkers (USW), which represents workers engaged in the production of GOES at ATI Flat Rolled Products.  The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW), which represents workers engaged in the production of GOES at AK Steel Corporation, subsequently expressed its support for the petitions.
 
GOES is a flat-rolled alloy steel product that contains by weight at least 0.6% but not more than 6% of silicon, not more than 0.08% of carbon, and not more than 1% of aluminum.  The petitions cover GOES that is sold in either sheet or strip form, in coils or in straight lengths.  GOES is manufactured using a specialized rolling and annealing process that yields grain structures uniformly oriented in the rolling (or lengthwise) direction of the sheet, enabling it to conduct a magnetic field with a high degree of efficiency.  Based on these unique product characteristics, GOES is used primarily in the production of laminated cores for large and medium-sized electrical power transformers and distribution transformers.
 
The petitioners are represented in these actions by David A. Hartquist and John M. Herrmannof the law firm Kelley Drye & Warren LLP.