US sets preliminary duties on cut plate
Jul 12, 2019 | 12:48 PM
New York |
Grace Lavigne Asenov
The United States Commerce Department will impose preliminary anti-dumping and countervailing duties ranging from 0.56-13.27% on imports of cut-to-length plate from Belgium, France, Italy and South Korea, it said on Thursday July 11.
The heaviest rates were set for Belgian exporters. The weighted-average dumping margins for NLMK Clabecq and Industeel Belgium were set at 13.27% and 4.91% respectively, while all other producers received a margin of 11.36%. The previous final margins for NLMK Clabecq and Industeel Belgium were 51.78% and 5.4% respectively, and 5.4% for all other producers.
Commerce investigated one French company, Industeel France, and set a preliminary anti-dumping margin of 5.29%, down from the previous final margin of 148.02%. Other French producers previously had a final margin of 6.15%.
Italian exporters Officine Tecnosider and NLMK Verona received preliminary anti-dumping margins of 1.63% and 1.26% respectively, while all other producers received a margin of 1.52%. Previous final margins for Italian exporters ranged from 6.08-22.19%.
Commerce determined that 31 producers from South Korea received subsidies and set countervailing rates at 0.56%. The nation had previously faced
anti-dumping margins of 7.39% and countervailing duty margins of 4.31% on its plate products.
The period of investigation was from November 14, 2016, to April 30, 2018, for Belgium, France and Italy, and April 4, 2017, to December 31, 2017, for South Korea.
Unless the deadline is extended, Commerce intends to issue the final results of this administrative review within 120 days of the publication of the preliminary results, the agency said.