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FACT SHEET

Final Determinations of Antidumping Duty Investigations: Stainless Steel Bar from France, Germany, Italy, Korea, Taiwan and the United Kingdom;

and

Final Determination of Countervailing Duty Investigation: Stainless Steel Bar from Italy

FINDINGS

On January 16, 2002, the Department of Commerce (the Department) announced the final determinations for the above-referenced investigations. The Department found that producers/exporters of stainless steel bars from France, Germany, Italy, Korea and the United Kingdom have sold their product below fair value. The Department did not find that producers/exporters from Taiwan sold their product below fair value. Antidumping duty margins ranged from de minimis to 125.77 percent. The Department also found that imports of stainless steel bar from Italy were unfairly subsidized, with subsidy rates ranging from zero to 13.17 percent.

PETITIONERS:

The petitions in these proceedings were filed on December 28, 2000, by Carpenter Technology Corp., Crucible Specialty Metals, Electralloy Corp., Empire Specialty Steel Inc., Slater Steels Corp., and the United Steelworkers of America, AFL-CIO/CLC.

PRODUCTS COVERED:

The product covered by these investigations, stainless steel bar, includes articles of stainless steel in straight lengths that have been either hot-rolled, forged, turned, cold-drawn, cold-rolled or otherwise cold-finished, or ground, having a uniform solid cross section along their whole length in the shape of circles, segments of circles, ovals, rectangles (including squares), triangles, hexagons, octagons, or other convex polygons. Stainless steel bar includes cold-finished stainless steel bars that are turned or ground in straight lengths, whether produced from hot-rolled bar or from straightened and cut rod or wire, and reinforcing bars that have indentations, ribs, grooves, or other deformations produced during the rolling process.

Final Antidumping Margins:

Country

Companies

Final Antidumping Margins

France

Ugine-Savoie Imphy, S.A.

Aubert & Duval, S.A.

All Others

3.90%

71.83%

3.90%

Germany

Walzwerke Einsal GmbH

BGH Group of Companies

Edelstahl Witten-Krefeld GmbH

Krupp Edelstahlprofile GmbH

All Others

4.31%

16.62%

15.54%

32.24%

17.77%

Italy

Cogne Acciai Speciali S.r.l.

Acciaiera Foroni S.p.A.

Acciaierie Valbruna S.r.l.

Rodacciai S.p.A.

Trafilerie Bedini S.r.l.

All Others

33.00%

7.07%

2.50%

5.89%

1.70%

3.81%

Korea

Changwon Specialty Steel Co., Ltd.

Dongbang Special Steel Co., Ltd.

All Others

13.38%

4.75%

11.30%

Taiwan

Gloria Materials Technology

All Others

0.69% (de minimis)

United Kingdom

Corus Engineering Steels Ltd.

Firth Rixson Special Steels Ltd.

Crownridge Stainless Steel Ltd.

All Others

4.48%

125.77%

4.48%

Final Countervailing Duty Margins:

Country

Companies

Final Countervailing Duty Margins

Italy

Cogne Acciai Speciali S.r.l.

Acciaiera Foroni S.p.A.

Acciaierie Valbruna S.r.l.

Rodacciai S.p.A.

Trafilerie Bedini S.r.l.

Italfond S.p.A.

All Others

13.17%

0.00%

0.42%

0.07 %

0.00%

0.18%

13.17%

CASE CALENDAR

Event	Date
Petitions Filed	December 28, 2000
Initiation Date	January 17, 2001
Countervailing Duty Preliminary Determination	May 29, 2001
Antidumping Duty Preliminary Determinations	July 26, 2001
ITC Final Determination (estimate)	March 1, 2002
Issuance of AD Order (estimate)	March 8, 2002

VOLUME AND VALUE OF IMPORTS

Country	1999	2000	Jan-Oct 2000	Jan-Oct 2001
France
Quantity (kilograms)	4,417,589	5,745,262	4,681,864	5,020,176
Value (US$)	$10,906,803	$15,535,806	$12,600,296	$13,600,677
Germany
Quantity (kilograms)	10,006,822	15,545,209	13,549,679	8,474,722
Value (US$)	$23,501,293	$37,023,987	$32,082,364	$20,809,435
Italy
Quantity (kilograms)	15,966,678	23,294,835	19,041,292	17,976,171
Value (US$)	$41,469,554	$59,523,284	$48,061,985	$49,232,720
Korea
Quantity (kilograms)	9,515,177	15,586,590	14,438,809	5,675,167
Value (US$)	$15,953,633	$30,013,016	$27,459,229	$11,383,041
Taiwan
Quantity (kilograms)	7,312,422	6,982,473	5,763,725	6,312,540
Value (US$)	$14,006,649	$15,627,168	$13,151,767	$13,589,362
United Kingdom
Quantity (kilograms)	4,904,927	6,751,680	5,048,253	5,162,406
Value (US$)	$13,495,644	$18,389,764	$14,395,674	$14,502,796

Source: ITC Data Web.