Corrosion-Resistant Steel Products: Prelim AD Cash Deposit Rates Take Effect for 10 Countries
The Commerce Department made preliminary affirmative antidumping duty determinations that imports of corrosion-resistant steel products from a number of countries are being sold in the U.S. at less than fair value. The countries covered by the determination are Australia (A-602-812), Brazil (A-351-862), Canada (A-122-871), Mexico (A-201-863), the Netherlands (A-421-818), South Africa (A-791-829), Taiwan (A-583-878), Turkey (A-489-855), the United Arab Emirates (A-520-811) and Vietnam (A-552-843). AD suspension of liquidation and cash deposit requirements take effect April 10.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
Commerce calculated a zero percent AD rate for four affiliated Turkish exporters: Borcelik Celik Sanayii Ticaret A.S., ArcelorMittal Çelik Ticaret A.Ş., Bamesa Celik Servıs San. Ve Tic. A.Ş. and Bamesa Muradiye Demir Çelik San. Ve Tic. A.Ş. As a result, the four affiliated exporters won't be subject to CVD duty cash deposit requirements until further notice. If Commerce continues to set a zero rate for these four companies in its final determinations, any merchandise both produced and exported by each respective company will be exempt from any CVD duty order issued in connection with this investigation.
Commerce is also conducting countervailing duty investigations on corrosion-resistant steel products for Brazil, Canada, Mexico and Vietnam, setting CVD rates ranging from zero percent to 1.72% for Brazilian companies, from 1.21% to 41.4% for Canadian companies, from zero percent to 1.56% for Mexican companies, and from zero percent to 140.05% for Vietnamese companies in a preliminary determination issued in February (see 2502100054). Suspension of liquidation for CVD purposes and CVD cash deposit requirements took effect Feb. 10.
AD Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for AD purposes for all entries of subject merchandise that are entered, or withdrawn from warehouse, on or after April 10, and require cash deposits at the following rates:
Australia
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| BlueScope Steel Ltd./BlueScope Distribution Pty Ltd./Fielders Manufacturing Pty Ltd./Lysaght Building Solutions Pty Ltd | 17.01% |
| All Others | 17.01% |
Brazil
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| Companhia Siderurgica Nacional; Companhia Metalurgica Prada | 137.76% |
| Usiminas Siderurgicas de Minas Gerais S.A.; Unigal Ltda.; Soluçoes em Aco Usiminas | 31.53% |
| All Others | 118.63% |
Canada
| Exporter/Producer | AD Rate (Prelim) | Adjusted* |
|---|---|---|
| Stelco Inc | 5.93% | N/A |
| ArcelorMittal Dofasco G.P./ArcelorMittal Coteau-du-Lac Limited Partnership | 2.31% | N/A |
| Nova Steel Inc | 52.08% | 48.06% |
| All Others | 2.6% | N/A |
Mexico
| Exporter/Producer | AD Rate (Prelim) | Adjusted* |
|---|---|---|
| Galvasid S.A. de C.V./Perfiles LM, S.A. de C.V | 14.43% | 14.43% |
| Ternium Mexico S.A. de C.V./Tenigal, S.de R.L. de C.V | 3.43% | 1.87% |
| All Others | 7.03% | 5.47% |
*As adjusted for export subsidies found in Commerce's concurrent CVD investigation. This rate is currently in effect for cash deposit purposes, and will remain in effect while Commerce is collecting CVD cash deposits. If the “provisional measures” period in the CVD investigation expires, the rate in the “AD Rate” column will take effect for cash deposit purposes, until such time that CVD collection resumes.
Netherlands
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| Tata Steel IJmuiden BV/Wuppermann Staal Nederland BV/Service Center Maastricht BV | 22.59% |
| All Others | 22.59% |
South Africa
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| Duferco Steel Processing PTY Ltd | 17.9% |
| All Others | 17.9% |
Taiwan
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| Yieh Phui Enterprise Co., Ltd | 2.64% |
| Sheng Yu Steel Co. Ltd | 67.9% |
| Kounan Steel Co. Ltd | 67.9% |
| Meglobe Co. Ltd | 67.9% |
| All Others | 2.64% |
Turkey
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| Borcelik Celik Sanayii Ticaret A.S./ArcelorMittal Çelik Ticaret A.Ş./Bamesa Celik Servıs San. Ve Tic. A.Ş./Bamesa Muradiye Demir Çelik San. Ve Tic. A.Ş | zero |
| Yıldız Demir Çelik Sanayi A.S., Yıldız Entegre Ağaç Sanayi ve Ticaret A.S | 15.18% |
| All Others | 15.18% |
United Arab Emirates
| Exporter/Producer | AD Rate (Prelim) |
|---|---|
| Al Ghurair Iron & Steel LLC | 7.01% |
| United Iron & Steel Company LLC/United Metal Coating | 16.37% |
| All Others | 8.24% |
Vietnam
| Exporter/Producer | AD Rate (Prelim) | Adjusted* |
|---|---|---|
| Hoa Sen Group/Hoa Sen Nghe An One Member Limited Liabilities Company/Hoa Sen Nhon Hoi—Binh Dinh One Member Limited Liabilities Company | 59% | N/A |
| Ton Dong A Corporation | 39.84% | N/A |
| China Steel and Nippon Steel Viet Nam Joint Stock Company | 49.42% | N/A |
| Hoa Phat Steel Sheet Limited Liability Company | 49.42% | N/A |
| Maruichi Sun Steel Joint Stock Company | 49.42% | N/A |
| Nam Kim Steel Joint Stock Company | 49.42% | N/A |
| Pomina Flat Steel Joint Stock Company | 49.42% | N/A |
| Sam Hwan Vina Co., Ltd | 49.42% | N/A |
| Southern Steel Sheet Co., Ltd | 49.42% | N/A |
| Tay Nam Steel Manufacturing & Trading Co., Ltd | 49.42% | N/A |
| TVP Steel Trading Joint Stock Company | 49.42% | N/A |
| Viet Phap Steel Corrugated Joint Stock Company | 49.42% | N/A |
| Vietnam-Wide Entity | 88.12% | 45.8% |
*As adjusted for export subsidies found in Commerce's concurrent CVD investigation. This rate is currently in effect for cash deposit purposes, and will remain in effect while Commerce is collecting CVD cash deposits. If the “provisional measures” period in the CVD investigation expires, the rate in the “AD Rate” column will take effect for cash deposit purposes, until such time that CVD collection resumes.
(The period of investigation for Vietnam is 01/01/24 - 06/30/24, and for every other country it's 07/01/23 - 06/30/24. See Commerce's notice for more information, including the scope (change to included tariff subheadings), suspension of liquidation, etc. See 2410010026 for a summary of the initiation of this AD investigation.)