USITC MAKES DETERMINATION IN FIVE-YEAR (SUNSET) REVIEW CONCERNING HOT-ROLLED STEEL PRODUCTS FROM CHINA, INDIA, INDONESIA, TAIWAN, THAILAND, AND UKRAINE

USITC's picture
Printer-friendly versionPrinter-friendly versionPDF versionPDF version

The U.S. International Trade Commission (USITC) today determined that revoking the existing antidumping and countervailing duty orders on hot-rolled steel products from China, India, Indonesia, Taiwan, Thailand, and Ukraine would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

As a result of the Commission's affirmative determinations, the existing orders on imports of these products from China, India, Indonesia, Taiwan, Thailand, and Ukraine will remain in place.

Chairman Irving A. Williamson and Commissioners Dean A. Pinkert and David S. Johanson voted in the affirmative with respect to all countries. Commissioners Meredith M. Broadbent and F. Scott Kieff voted in the affirmative with respect to China, India, Taiwan, Thailand, and Ukraine and in the negative with respect to Indonesia. Commissioner Shara L. Aranoff did not participate in the determinations concerning these reviews.

Today's action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. See the attached page for background on these five-year (sunset) reviews.

The Commission's public report Hot-Rolled Steel Products from China, India, Indonesia, Taiwan, Thailand, and Ukraine (Inv. Nos. 701-TA- 405, 406, & 408 and 731-TA-899-901 & 906-908 (Second Review), USITC Publication 4445, January 2014) will contain the views of the Commission and information developed during the reviews.

Copies may be requested after February 5, 2014, by emailing pubrequest@usitc.gov, calling 202-205-2000, or writing to the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be made by fax at 202-205-2104.


BACKGROUND

The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the USITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (USITC) within a reasonably foreseeable time.

The Commission's institution notice in five-year reviews requests that interested parties file responses with the Commission concerning the likely effects of revoking the order under review as well as other information. Generally within 95 days from institution, the Commission will determine whether the responses it has received reflect an adequate or inadequate level of interest in a full review. If responses to the USITC's notice of institution are adequate, or if other circumstances warrant a full review, the Commission conducts a full review, which includes a public hearing and issuance of questionnaires.

The Commission generally does not hold a hearing or conduct further investigative activities in expedited reviews. Commissioners base their injury determination in expedited reviews on the facts available, including the Commission's prior injury and review determinations, responses received to its notice of institution, data collected by staff in connection with the review, and information provided by the Department of Commerce.

The five-year (sunset) reviews concerning Hot-Rolled Steel Products from China, India, Indonesia, Taiwan, Thailand, and Ukraine were instituted on November 1, 2012.

On February 4, 2013, the Commission voted to conduct full reviews. With regard to imports from Taiwan and Thailand, all six Commissioners concluded that both the domestic group responses and the respondent group responses were adequate and voted for full reviews. With regard to imports from China, India, Indonesia, and Ukraine, all six Commissioners concluded that the domestic group responses were adequate and that the respondent group responses were inadequate, but that circumstances warranted full reviews.

A record of the Commission's vote to conduct full reviews is available from the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be made by telephone by calling 202-205-1802.

News Source : USITC MAKES DETERMINATION IN FIVE-YEAR (SUNSET) REVIEW CONCERNING HOT-ROLLED STEEL PRODUCTS FROM CHINA, INDIA, INDONESIA, TAIWAN, THAILAND, AND UKRAINE

Copy this html code to your website/blog to embed this press release.