The U.S. Department of Commerce has issued its final determinations in antidumping and countervailing duty investigations on corrosion-resistant steel (CORE) imports from the UAE, Turkey, and eight other countries.
For the UAE, AD duties were set at 7.2-16.38pct, with no CVD applied. Earlier preliminary margins included 7.01pct for Al Ghurair, 16.37pct for United Iron & Steel, and 8.24pct for all other Emirati exporters. For Turkey, AD duties were fixed at 6.48-13.47pct, also with no CVD. Previously, the U.S. had assigned a 15.18pct preliminary dumping margin for all Turkish exporters except Borcelik, ArcelorMittal Celik, and Bamesa.
Other countries face higher measures, including 17.01pct for Australia; 27.45-137.76pct for Brazil along with CVD of 4.49-17.09pct; 5.14-8.13pct for Canada with CVD of 1.14-1.5pct; 5.78-23.41pct for Mexico with CVD of 0-13.26pct; 23.52pct for the Netherlands; 18.35pct for South Africa; 10.85pct for Taiwan; and 88.98-110.21pct for Vietnam with CVD of 0.03-1.29pct.
According to the Commerce Department, this determination covers approximately USD 2.9 bln in imports annually and is aimed at supporting the continued health of U.S. steelmakers.
The U.S. International Trade Commission (ITC) will next determine whether these imports caused injury to the domestic industry, after which Commerce will issue final AD and CVD orders at the rates listed.
