USITC Votes to Continue Investigations on Stainless Steel Sheet and Strip from China

March 25, 2016
News Release 16-033
Inv. No. 701-TA-557 and 731-TA-1312 (Preliminary)
Contact: Peg O'Laughlin, 202-205-1819
USITC Votes to Continue Investigations on Stainless Steel Sheet and Strip from China

The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of stainless steel sheet and strip from China 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, with its preliminary countervailing duty determination due on or about May 9, 2016, and its preliminary antidumping duty determinations due on or about July 21, 2016.

The Commission’s public report Stainless Steel Sheet and Strip from China (Investigation Nos. 701-TA-557 and 731-TA-1312 (Preliminary), USITC Publication 4603, April 2016) will contain the views of the Commission and information developed during the investigations.

The report will be available after April 25, 2016.  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

Stainless Steel Sheet and Strip from China
Investigation Nos. 701-TA-557 and 731-TA-1312 (Preliminary)

Product Description: The merchandise covered by these investigations is stainless steel sheet and strip, whether in coils or straight lengths. Stainless steel is an alloy steel containing, by weight, 1.2 percent or less of carbon and 10.5 percent or more of chromium, with or without other elements. The subject sheet and strip is a flat‐rolled product – either in coils or straight lengths ‐ with a width that is greater than 9.5 mm and with a thickness of 0.3048 mm and greater but less than 4.75 mm, and that is annealed or otherwise heat treated and pickled or otherwise descaled. The subject sheet and strip may also be further processed (e.g., cold‐rolled, annealed, tempered, polished, aluminized, coated, painted, varnished, trimmed, cut, punched, or slit, etc.) provided that it maintains the specific dimensions of sheet and strip following such processing. The products described above may be rectangular, square, circular, or other shape and include products of either rectangular or non‐rectangular cross‐section where such cross section is achieved subsequent to the rolling process, i.e., products which have been "worked after rolling" (e.g., products which have been beveled or rounded at the edges).  Excluded from the scope of these investigations are the following: (1) sheet and strip that is not annealed or otherwise heat treated and not pickled or otherwise descaled; (2) plate (i.e., flat‐rolled stainless steel products of a thickness of 4.75 mm or more); and (3) flat wire (i.e., cold-rolled sections, with a prepared edge, rectangular in shape, of a width of not more than 9.5 mm).

Status of Proceedings:
1. Type of investigations:  Preliminary antidumping and countervailing duty.
2. Petitioners: AK Steel Corp., West Chester, OH; Allegheny Ludlum, LLC, d/b/a ATI Flat Rolled Products, Pittsburgh, PA; North American Stainless, Inc., Ghent, KY; and Outokumpu Stainless USA, LLC, Bannockburn, IL.
3. Preliminary investigations instituted by the USITC: February 12, 2016.
4. Commission’s conference: March 4, 2016.
5. USITC vote: March 25, 2016.
6. USITC determinations to the U.S. Department of Commerce: March 28, 2016.
7. USITC views to the U.S. Department of Commerce: April 4, 2016.

U.S. Industry:
1. Number of producers in 2015: Four.
2. Location of producers’ plants:  Alabama, Connecticut, Georgia, Illinois, Indiana, Kentucky, Massachusetts, Ohio, and Pennsylvania.
3. Employment of production and related workers in 2015: 2,637.
4. Apparent U.S. consumption in 2015: $4.1 billion.
5. Ratio of the value of total U.S. imports to total U.S. consumption in 2015: 26.1 percent.

U.S. Imports:
1. From China during 2015:  $312.2 million.
2. From other countries during 2015:  $764.7 million.
3. Leading sources during 2015: China, Mexico, and Taiwan (in terms of total value).

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