AD: France and United Kingdom Stainless Steel Sheet and Strip
The International Trade Commission (ITC) has issued a press release stating that on June 21, 2005, a majority of Commissioners voted to revoke the existing antidumping (AD) duty orders on stainless steel sheet and strip from France and United Kingdom (ITA case numbers A-427-814 and A-412-818, respectively).
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| AD Duty Orders on Stainless Steel Sheet and Strip from France and United Kingdom to be Revoked |
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AD Duty Orders for France and United Kingdom to be Revoked
According to the press release, the ITC Commissioners determined that revocation of these existing AD duty orders would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
AD & CV Duty Orders for Germany, Italy, Japan, Korea, Mexico, & Taiwan to Remain in Place
However, the ITC Commissioners did determine that revoking the existing AD and countervailing (CV) duty orders on stainless steel sheet and strip from Germany, Italy, Japan, Korea, Mexico, and Taiwan would lead to continuation or recurrence of material injury within a reasonably foreseeable time. As such, these existing AD and CV duty orders will remain in place.
(This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act (URAA), which according to 19 CFR 351.218(a), requires the International Trade Administration (ITA) to revoke an AD or CV duty order, or terminate a suspension agreement, after five years unless it is found that revocation would be likely to lead to both (1) a continuation or recurrence of dumping or a countervailable subsidy and (2) material injury to a U.S. industry within a reasonably foreseeable time.
A negative determination either by the ITA with respect to (1) above or by the ITC with respect to (2) above results in the revocation of the AD and/or CV duty order.)
The ITA refers to the subject merchandise as "stainless steel sheet and strip in coils."
ITC Contact - Peg O'Laughlin (202) 205-1819
ITC Press Release (05-074, dated 06/21/05, Inv. Nos. 701-TA-381-382 and 731-TA-797-804) available athttp://www.usitc.gov/ext_relations/news_release/2005/er0621cc2.HTM