The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is threatened with material injury by reason of imports of certain corrosion-resistant steel products from China, India, Italy, Korea, and Taiwan that are allegedly subsidized and sold in the United States at less than fair value.
All six Commissioners voted in the affirmative.
As a result of the Commission’s affirmative determinations, the U.S. Department of Commerce will continue to conduct its investigations on imports of these products from China, India, Italy, Korea, and Taiwan, with its preliminary countervailing duty determinations due on or about August 27, 2015, and its preliminary antidumping duty determinations due on or about November 10, 2015.
The Commission’s public report Certain Corrosion-Resistant Steel Products from China, India, Italy, Korea, and Taiwan (Investigation Nos. 701-TA-534-538 and 731-TA-1274-1278 (Preliminary), USITC Publication 4547, July 2015) will contain the views of the Commission and information developed during the investigations.
The report will be available after August 17, 2015. After that date, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.
UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436
Certain Corrosion-Resistant Steel Products from China, India, Italy, Korea, and Taiwan
Investigation Nos. 701-TA-534-538 and 731-TA-1274-1278 (Preliminary)
Product Description: The products covered by these investigations are certain flat‐rolled steel products, either clad, plated, or coated with corrosion‐resistant metals such as zinc, aluminum, or zinc‐, aluminum‐, nickel‐ or iron‐based alloys, whether or not corrugated or painted, varnished, laminated, or coated with plastics or other non‐metallic substances in addition to the metallic coating. The products covered include coils that have a width of 12.7 mm or greater, regardless of form of coil (e.g., in successively superimposed layers, spirally oscillating, etc.) and products not in coils (e.g., in straight lengths).
The following are outside of and/or specifically excluded from the scope of these investigations:
•Flat‐rolled steel products either plated or coated with tin, lead, chromium, chromium oxides, both tin and lead (“terne plate”), or both chromium and chromium oxides (“tin free steel”);
•Clad plate products; and
•Certain 3-ply clad stainless flat‐rolled products.
Status of Proceedings:
1. Type of investigations: Preliminary antidumping and countervailing duty.
2. Petitioners: United States Steel Corp. (Pittsburgh, Pennsylvania), Nucor Corp. (Charlotte, North Carolina), Steel Dynamics Inc. (Fort Wayne, Indiana), California Steel Industries (Fontana, California), ArcelorMittal USA LLC (Chicago, Illinois), and AK Steel Corp. (West Chester, Ohio).
3. Preliminary investigations instituted by the USITC: June 3, 2015.
4. Commission’s conference: June 24, 2015.
5. USITC vote: July 16, 2015.
6. USITC determinations due: July 20, 2015.
7. USITC views due: July 27, 2015.
1. Number of producers in 2014: Eighteen.
2. Location of producers’ plants: Alabama, Arkansas, California, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Mississippi, New Jersey, Ohio, Pennsylvania, South Carolina, Washington, and West Virginia.
3. Employment of production and related workers in 2014: 12,092.
4. Apparent U.S. consumption in 2014: $19.5 billion.
5. Ratio of the value of total U.S. imports to total U.S. consumption in 2014: 20.1%.
1. From subject countries during 2014: $2.4 billion.
2. From other countries during 2014: $1.5 billion.
3. Leading sources during 2014. Canada, China, Taiwan, Korea.