Commerce Announces Final AD/CVD Rates on Chinese CTL Steel Plate
The Commerce Department announced its final affirmative determinations in its antidumping and countervailing duty investigations of carbon and alloy steel cut-to-length plate from China, in a fact sheet released on Jan. 18 (here). The agency set an AD duty rate…
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of 68.27%, and a CV duty rate of 251%, for all Chinese exporters. The International Trade Commission is now set to make its final injury determination by March 3. If the ITC finds injury, Commerce will make duties permanent by issuing AD and CV duty orders. Countervailing duty cash deposit requirements have expired, and will only take effect again if the International Trade Commission finds injury and Commerce issues a CV duty order. International Trade Today will have more details on these final determinations when they are published in the Federal Register.