Italy Steel CTL Plate: Final Results of AD Admin Review
The Commerce Department has released the final results of the antidumping duty administrative review on carbon and alloy steel cut-to-length plate from Italy (A-475-834). These final results will be used to set final assessments of antidumping duties on importers of subject merchandise from Italy entered May 1, 2023, through April 30, 2024.
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Commerce said it made changes to its calculations used in the preliminary results of this review, based on comments received, and the rate for one mandatory respondent, NLMK Verona S.p.A., is now higher (up from 3.52%).
The agency also upheld its preliminary decision to rescind the review for two companies -- F.A.R. Fonderie Acciaerie S.p.A. and Officine Technosider s.r.l. -- because they were confirmed to have no suspended, reviewable entries of subject merchandise during the review period.
For exporters of subject merchandise from Italy that were not under review (i.e., all except the two companies listed below), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all others rate is 6.08%.
New Cash Deposit Rates Take Effect Sept. 16
For entries on or after Sept. 16, the date these final results are to be published in the Federal Register, Commerce is setting new AD cash deposit rates for subject merchandise produced or exported by two companies under review, as follows:
Exporter | AD Rate |
---|---|
NLMK Verona S.p.A. | 7.91% |
Metinvest Trametal S.p.A. / Ferriera Valsider S.p.A. | 5.51% |
Assessment Rates for Entries May 2023 - April 2024
Commerce is using the rates it calculated in the final results of these reviews to calculate assessments of AD on importers of subject merchandise from Italy for entries between May 1, 2023, through April 30, 2024. Commerce will calculate importer-specific rates for entries from NLMK Verona and Metinvest / Ferriera.
(The review period is 05/01/23 - 04/30/24. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2505150042 for a summary of the preliminary results of this administrative review.)