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USITC Votes to Continue Investigations on Cold-Rolled Steel Flat Products from Brazil, China, India, Japan, Korea, Russia, and the United Kingdom; Terminates Investigation Concerning the Netherlands

September 10, 2015
News Release 15-086
Inv. No. 701-TA-540-544 and 731-TA-1283-1290 (Preliminary)
Contact: Peg O'Laughlin, 202-205-1819
USITC Votes to Continue Investigations on Cold-Rolled Steel Flat Products from Brazil, China, India, Japan, Korea, Russia, and the United Kingdom; Terminates Investigation Concerning the Netherlands

The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of imports of cold-rolled steel flat products from Brazil, China, India, Japan, Korea, Russia, and the United Kingdom that are allegedly sold in the United States at less than fair value and allegedly subsidized by the governments of Brazil, China, India, Korea, and Russia. 

The Commission further determined that imports of these products from the Netherlands are negligible.

Chairman Meredith M. Broadbent, Vice Chairman Dean A. Pinkert, and Commissioners Irving A. Williamson, David S. Johanson, and Rhonda K. Schmidtlein voted in the affirmative with respect to imports of these products from Brazil, China, India, Japan, Korea, Russia, and the United Kingdom.  These five Commissioners made findings of negligibility with respect to imports of these products from the Netherlands.  Commissioner F. Scott Kieff did not participate in these investigations.

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 Brazil, China, India, Japan, Korea, Russia, and the United Kingdom, with its preliminary countervailing duty determinations due on or about October 21, 2015, and its preliminary antidumping duty determinations due on or about January 4, 2016. 

As a result of the Commission’s finding of negligibility, the investigation on imports of these products from the Netherlands will be terminated.

The Commission’s public report Cold-Rolled Steel Flat Products from Brazil, China, India, Japan, Korea, Netherlands, Russia, and the United Kingdom (Investigation Nos. 701-TA-540-544 and 731-TA-1283-1290 (Preliminary), USITC Publication 4564, September 2015) will contain the views of the Commission and information developed during the investigations.

The report will be available after October 9, 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

FACTUAL HIGHLIGHTS

Cold-Rolled Steel Flat Products from Brazil, China, India, Japan, Korea, Netherlands, Russia, and the United Kingdom
Investigation Nos. 701-TA-540-544 and 731-TA-1283-1290 (Preliminary)

Product Description: The products covered by these investigations are certain cold-rolled (rolled at ambient temperature) flat-rolled steel products, neither clad, plated, nor coated with metal, but whether or not annealed, painted, varnished, or coated with plastics or other non-metallic substances and can be wound in coils or in straight lengths. Cold-rolled steel products are used in a variety of applications including automotive, construction, container, appliance, and electrical equipment manufacturing.

Status of Proceedings:
1. Type of investigations:  Preliminary antidumping and countervailing duty.
2. Petitioners: AK Steel Corp., West Chester, OH; ArcelorMittal USA LLC, Chicago, IL; Nucor Corp., Charlotte, NC; Steel Dynamics, Inc., Fort Wayne, IN; United States Steel Corp., Pittsburgh, PA.
3. Preliminary investigations instituted by the USITC: July 28, 2015.
4. Commission’s conference: August 18, 2015.
5. USITC vote: September 10, 2015.
6. USITC determinations to the U.S. Department of Commerce: September 11, 2015.
7. USITC views to the U.S. Department of Commerce: September 18, 2015.

U.S. Industry:
1. Number of producers in 2014: Twelve.
2. Location of producers’ plants:  Alabama, Arkansas, California, Illinois, Indiana, Kentucky, Michigan, Mississippi, Ohio, Pennsylvania, South Carolina, Washington, West Virginia.
3. Employment of production and related workers in 2014: 10,935.
4. Apparent U.S. consumption in 2014: $21.9 million ($10.0 million merchant market).
5. Ratio of the value of total U.S. imports to total U.S. consumption in 2014: 9.3 percent (20.2 percent merchant market).

U.S. Imports:
1. From the subject countries during 2014:  $1.2 billion.
2. From other countries during 2014:  $827.4 million.
3. Leading sources during 2014: China, Canada, Korea, and Japan (in terms of total value).

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