NEW YORK The U.S.
International Trade Commission (ITC) voted unanimously in a
third sunset review that revocation of existing anti-dumping
and countervailing duty orders on corrosion-resistant flat
steel products from South Korea and Germany are unlikely to
lead to material injury to the U.S. industry.
Last month, foreign and domestic
steelmakers clashed in arguments on whether anti-dumping duty
orders on the product from the countries and a countervailing
duty order on material from South Korea would hurt the U.S.
amm.com, Jan. 9).
Domestic interests had said
during an ITC hearing that ThyssenKrupp AGs impending
sale of its Calvert, Ala., plant will mean that it will no
longer supply material domestically and it will increase
imports from its German plants, especially with the European
Existing dumping duties range
from 10.02 percent for Germany to 17.7 percent for South Korea,
while the subsidy duty on South Korean product has been set at
1.15 percent. The duties had been in place since 1993.