NEW YORK Russias Novolipetsk Steel (NLMK) has asked the U.S. Commerce Department to suspend its anti-dumping duty investigation into imports of grain-oriented electrical steel (GOES) from the company, according to documents filed with Commerce May 20.
If Commerce accepts the suspension agreement, NLMK said it will agree "to make any necessary price revisions to eliminate completely" the amount by which the "normal value" of the companys GOES imports "exceeds the U.S. price of its merchandise" as determined by Commerce.
A Commerce official said that entering into a suspension agreement would be a "significant" decision, and said the department will "carefully consider the merits of the proposal," including seeking input from domestic producers and petitioners, before making a decision. If Commerce agrees to the deal it will release a draft of the agreement for comment from interested parties no later than 30 days before the final determination. No duties are collected when an investigation is suspended, the official said.
Commerce released an affirmative preliminary determination May 5 in the anti-dumping case against GOES imports from Russia and six other countries (amm.com, May 5). The department issued a dumping margin of 119.88 percent on NLMKs GOES imports "based on adverse facts available," noting that the Lipetsk, Russia-based company "failed to provide complete and adequate responses to Commerces questionnaires."
During 2013, NLMK accounted for at least 85 percent of all Russian GOES imported into the United States, the company said in the suspension agreement request.
Commerce issued a margin of 68.98 percent on all other Russian producers and exporters of GOES. Commerce also ruled affirmatively in favor of "critical circumstances" allegations made against Russian imports by the petitioners, who in February alleged that GOES imports from the country had more than doubled since the original filing of the antidumping case (amm.com, Feb. 24).
Russian GOES imports into the U.S. in 2013 were valued at $3.4 million.
West Chester, Ohio-based AK Steel Corp. and Pittsburgh-based Allegheny Technologies Inc.the sole domestic GOES producersjoined the United Steelworkers union in filing the antidumping petition in September (amm.com, Sept. 18).
Commerces final determination in the GOES antidumping case is expected on or about Sept. 16.