This week, the Department of Commerce announced its final affirmative determination that dumping has occurred and subsidies have been provided to foreign producers in its AD/CVD investigations on imports of corrosion-resistant steel products from 10 countries (Australia, Brazil, Canada, Mexico, Netherlands, South Africa, Taiwan, Turkey, UAE, and Vietnam).
Codes in scope are: 7210.30.0030, 7210.30.0060, 7210.41.0000, 7210.49.0030, 7210.49.0040, 7210.49.0045, 7210.49.0091, 7210.49.0095, 7210.61.0000, 7210.69.0000, 7210.70.6030, 7210.70.6060, 7210.70.6090, 7210.90.6000, 7210.90.9000, 7212.20.0000, 7212.30.1030, 7212.30.1090, 7212.30.3000, 7212.30.5000, 7212.40.1000, 7212.40.5000, 7212.50.0000, 7212.60.0000, 7225.91.0000, 7225.92.0000, 7226.99.0110, and 7226.99.0130).
The next step will be for the U.S. International Trade Commission to make a determination as to whether these actions materially injure or threaten to materially injure U.S. industry. If USITC makes an affirmative determination on 9 October, Commerce will issue the AD and CVD orders within 7 days at the rates listed in the announcement and instruct CBP to collect the AD/CVD duties. These duties will be on top of existing duties; we anticipate bonds to cover the amount or cash deposits have been required for these imports given earlier preliminary determinations.
