Trade Resources Industry Views DOC Revokes The AD Orders on Corrosion-Resistant Carbon Steel Flat Products From GER,KR

DOC Revokes The AD Orders on Corrosion-Resistant Carbon Steel Flat Products From GER,KR

The US Department of Commerce (DOC) has revoked the antidumping (AD) orders on corrosion-resistant carbon steel flat products from Germany and Korea and the countervailing duty (CVD) order on corrosion-resistant carbon steel flat products from Korea.

This announcement follows the US International Trade Commission's (ITC) final negative determination in its sunset review of these orders. The ITC determined that revocation of these orders "would not be likely to lead to continuation or recurrence of material injury (to the domestic industry) within a reasonably foreseeable time."

The effective date of revocation is February 14, 2012, which is the fifth anniversary of the publication of the results of the previous (second) sunset review.

The DOC will send instructions to US Customs and Border Protection to terminate the suspension of liquidation and the collection of cash deposits on entries which were made on or after February 14, 2012.

The products in this investigation are classifiable in the Harmonized Tariff Schedule of the United States (HTSUS) under item numbers: 7210.30.0030, 7210.30.0060, 7210.41.0000, 7210.49.0030, 7210.49.0090, 7210.61.0000, 7210.69.0000, 7210.70.6030, 7210.70.6060, 7210.70.6090, 7210.90.1000, 7210.90.6000, 7210.90.9000, 7212.20.0000, 7212.30.1030, 7212.30.1090, 7212.30.3000, 7212.30.5000, 7212.40.1000, 7212.40.5000, 7212.50.0000, 7212.60.0000, 7215.90.1000, 7215.90.3000, 7215.90.5000, 7217.20.1500, 7217.30.1530, 7217.30.1560, 7217.90.1000, 7217.90.5030, 7217.90.5060 and 7217.90.5090.

Source: http://www.steelorbis.com/steel-news/latest-news/us-doc-revokes-ad-orders-on-certain-flat-steel-from-germany-and-korea-748606.htm
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US Doc Revokes AD Orders on Certain Flat Steel From Germany and Korea
Topics: Metallurgy