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FACT
SHEET
Antidumping
and Countervailing Duty Investigations: Certain Cold-Rolled Flat-Rolled
Carbon-Quality Steel Products from Argentina, Brazil, the People's
Republic of China, Indonesia, Japan, the Russian Federation, Slovakia,
South Africa, Taiwan, Thailand, Turkey, and Venezuela.
On January
19, 2000, the Department of Commerce ("DOC") announced the final
determinations in the antidumping ("AD") investigations on Certain
Cold-Rolled Flat-Rolled Carbon-Quality Steel Products ("Cold-Rolled
Steel") from Argentina, Brazil, Japan, the Russian Federation, South
Africa, and Thailand and the countervailing duty ("CVD") investigation
on Cold-Rolled Steel from Brazil. The DOC will announce the final
determinations in the AD investigations on Cold-Rolled Steel from
Turkey and Venezuela on March 14, 2000, and March 30, 2000, respectively.
The final determinations in the AD investigations on Cold-Rolled
Steel from Indonesia, People's Republic of China, Slovakia, and
Taiwan will be announced on May 23, 2000.
PETITIONERS:
The AD and
CVD petitions were filed on behalf of the U.S. steel industry by
the following domestic producers and unions: Bethlehem Steel Corporation;
Gallatin Steel, Gulf States Steel, Inc.; Ispat Inland Inc.; LTV
Steel Company, Inc.; National Steel Corporation (except for Japan);
Steel Dynamics, Inc.; U.S. Steel Group (a unit of USX Corporation);
Weirton Steel Corporation; the United Steel Workers of America;
and the Independent Steelworkers Union.
CRITICAL
CIRCUMSTANCES ALLEGATIONS:
The DOC continues
to find that critical circumstances exist with respect to the following
countries and companies: Brazil (AD only) (with respect to Usiminas,
Cosipa, CSN, and All Other Producers/Importers), and Japan (with
respect to Kawasaki Steel Corporation, Kobe Steel Ltd., Nippon Steel
Corporation and Nisshin Steel Co., Ltd.). If the International Trade
Commission ("ITC") also finds critical circumstances, imports of
these products will be liable for duties 90 days prior to the DOC's
preliminary determinations.
PRODUCT
DESCRIPTION:
The merchandise
subject to these investigations are certain cold-rolled flat-rolled
carbon-quality steel products. The technical language describing
the scope of the investigations will be included in the notice of
initiation which will be published in the Federal Register.
CASE CALENDAR:
The following
determinations will be made not later than these statutory deadlines:
Petitions
Filed: 02 June 1999
Initiation:
21 June 1999
ITC Preliminary
Determination: 16 July 1999
DOC Preliminary
Determination (CVD): 27 September 1999
DOC Preliminary
Determination (AD): 1 November 1999
(China,
Slovakia, Turkey, Thailand and Taiwan) 28 December 1999
DOC Final
Determination (CVD): 18 January 2000
DOC Final
Determination (AD): 18 January 2000
(Argentina,
Brazil, Japan, Russia, South Africa, and Thailand)
DOC Final
Determination (AD): 12 March 2000*
(Turkey)
DOC Final
Determination (AD): 29 March 2000
(Venezuela)
DOC Final
Determination (AD): 22 May 2000
(China,
Slovakia, Indonesia, and Taiwan)
ITC Final
Determination (estimated): 3 March 2000
Order (estimated):
10 March 2000
______________________________________
* U.S.
law allows these dates to be extended
If DOC makes
affirmative final AD or CVD determinations, the ITC must make a
final injury determination within 45 days. If that determination
is affirmative, DOC will issue a duty order.
FINAL
DUMPING MARGINS:
Country
AD Margins
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Argentina:
Siderar
Limited 24.53 percent
All
Others 24.53 percent
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|
Brazil:
Companhia
Siderúrgica Nacional (CSN) 63.32 percent
Usinas
Siderúrgicas de Minas Gerais
(USIMINAS) 46.68 percent
Companhia
Siderúrgica Paulista (COSIPA) 46.68 percent
All
Others 46.68 percent
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|
Japan:
Kawasaki
Steel Corporation 53.04 percent
Kobe
Steel, Ltd. 53.04 percent
Nippon
Steel Corporation 53.04 percent
Nisshin
Steel Co., Ltd. 53.04 percent
All
Others 39.28 percent
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|
South
Africa
Iscor
Ltd. 16.65 percent
All
Others 16.65 percent
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|
Thailand:
Thia
Cold Rolled Steel and Sheet Corporation/Sahaviriya
Steel Industries Public Co.,
Ltd 80.67 percent.
All
Others 67.97 percent
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FINAL
CVD AD VALOREM RATE
Brazil:
Usiminas/Cosipa:
10.60 percent
CSN:
7.14 percent
All Others:
9.21 percent
VOLUME
AND VALUE OF IMPORTS
1998 imports
of merchandise subject to these petitions were valued at approximately
$796,595,000. Below is a breakdown of imports country by country:
Volume of Imports
(Metric Tons):
| Country |
1996 |
1997 |
1998
|
| Argentina |
40,000 |
81,000 |
85,000 |
| Brazil |
197,000 |
112,000 |
196,000 |
| China |
33,000 |
124,000 |
121,000 |
| Indonesia |
17,000 |
19,000 |
87,000 |
| Japan |
232,000 |
276,000 |
389,000 |
| Russia |
220,000 |
572,000 |
649,000 |
| Slovakia |
52,000 |
118,000 |
60,000 |
| South
Africa |
77,000 |
106,000 |
148,000 |
| Taiwan |
3,000 |
6,000 |
42,000 |
| Thailand |
2,000 |
0 |
67,000 |
| Turkey |
52,000 |
179,000 |
145,000 |
| Venezuela |
13,000 |
38,000 |
74,000 |
(Source: AISI
and IM 145)
Value of
Imports (Thousands of U.S. Dollars)
| Country |
1996 |
1997 |
1998
|
| Argentina |
$15,324 |
$32,774 |
$31,989 |
| Brazil |
$83,343
|
$52,809 |
$76,171 |
| China |
$14,023 |
$52,302 |
$45,155 |
| Indonesia |
$6,122 |
$7,733 |
$30,233 |
| Japan |
$130,975 |
$151,229 |
$186,020 |
| Russia |
$78,116 |
$206,255 |
$220,249 |
| Slovakia |
$20,008 |
$47,508 |
$25,515 |
| South
Africa |
$29,751
|
$43,033 |
$56,523 |
| Taiwan |
$5,584
|
$7,500 |
$19,086 |
| Thailand |
$2 |
$0 |
$23,191 |
| Turkey |
$19,365 |
$73,856
|
$57,524 |
| Venezuela |
$4,739 |
$14,499 |
$24,939 |
(Source:
AISI and IM 145)
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