AD/CV: Argentina, Kazakhstan, Romania, and South Africa Hot-Rolled Steel Products
The International Trade Commission has issued a press release stating that on October 10, 2007, it determined to revoke the existing countervailing duty orders on hot-rolled steel products from Argentina and South Africa, and the existing antidumping duty orders on hot-rolled steel products from Argentina, Kazakhstan, Romania, and South Africa.
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The ITC determined that revoking these existing AD and CV duty orders on subject merchandise from Argentina, Kazakhstan, Romania, and South Africa would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
AD/CV Orders to Continue for China, India, Indonesia, Taiwan, Thailand & Ukraine
Conversely, the ITC also determined that revoking the AD duty orders on subject merchandise from China (A-570-865), India (A-533-820), Indonesia (A-560-812), Taiwan (A-583-835), Thailand (A-549-817), and Ukraine (A-823-811), and the CV duty orders for India (C-533-821), Indonesia (C-560-813) and Thailand (C-549-818), would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time; as a result, these orders will remain in place.
(These actions come 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 to revoke an AD or countervailing 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.)
(See ITT's Online Archives or 08/03/06 news, 06080345, for BP summary of the ITA and ITC's initiation of these investigations.)
ITC contact - Peg O'Laughlin (202) 205-1819
ITC press release (07-1061, Inv. Nos. 701-TA-404-408 and 731-TA-898-902 and 904-908, dated 10/10/07) available at http://www.usitc.gov/ext_relations/news_release/2007/er1010ee2.htm