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FACT SHEET

Antidumping and Countervailing Duty Investigations: Certain Cold-Rolled Flat-Rolled Carbon-Quality Steel Products from Argentina, Brazil, the People's Republic of China, Indonesia, Japan, the Russian Federation, Slovakia, South Africa, Taiwan, Thailand, Turkey, and Venezuela.

On January 19, 2000, the Department of Commerce ("DOC") announced the final determinations in the antidumping ("AD") investigations on Certain Cold-Rolled Flat-Rolled Carbon-Quality Steel Products ("Cold-Rolled Steel") from Argentina, Brazil, Japan, the Russian Federation, South Africa, and Thailand and the countervailing duty ("CVD") investigation on Cold-Rolled Steel from Brazil. The DOC will announce the final determinations in the AD investigations on Cold-Rolled Steel from Turkey and Venezuela on March 14, 2000, and March 30, 2000, respectively. The final determinations in the AD investigations on Cold-Rolled Steel from Indonesia, People's Republic of China, Slovakia, and Taiwan will be announced on May 23, 2000.

PETITIONERS:

The AD and CVD petitions were filed on behalf of the U.S. steel industry by the following domestic producers and unions: Bethlehem Steel Corporation; Gallatin Steel, Gulf States Steel, Inc.; Ispat Inland Inc.; LTV Steel Company, Inc.; National Steel Corporation (except for Japan); Steel Dynamics, Inc.; U.S. Steel Group (a unit of USX Corporation); Weirton Steel Corporation; the United Steel Workers of America; and the Independent Steelworkers Union.

CRITICAL CIRCUMSTANCES ALLEGATIONS:

The DOC continues to find that critical circumstances exist with respect to the following countries and companies: Brazil (AD only) (with respect to Usiminas, Cosipa, CSN, and All Other Producers/Importers), and Japan (with respect to Kawasaki Steel Corporation, Kobe Steel Ltd., Nippon Steel Corporation and Nisshin Steel Co., Ltd.). If the International Trade Commission ("ITC") also finds critical circumstances, imports of these products will be liable for duties 90 days prior to the DOC's preliminary determinations.

PRODUCT DESCRIPTION:

The merchandise subject to these investigations are certain cold-rolled flat-rolled carbon-quality steel products. The technical language describing the scope of the investigations will be included in the notice of initiation which will be published in the Federal Register.


CASE CALENDAR:

The following determinations will be made not later than these statutory deadlines:

Petitions Filed: 02 June 1999

Initiation: 21 June 1999

ITC Preliminary Determination: 16 July 1999

DOC Preliminary Determination (CVD): 27 September 1999

DOC Preliminary Determination (AD): 1 November 1999

(China, Slovakia, Turkey, Thailand and Taiwan) 28 December 1999

DOC Final Determination (CVD): 18 January 2000

DOC Final Determination (AD): 18 January 2000

(Argentina, Brazil, Japan, Russia, South Africa, and Thailand)

DOC Final Determination (AD): 12 March 2000*

(Turkey)

DOC Final Determination (AD): 29 March 2000

(Venezuela)

DOC Final Determination (AD): 22 May 2000

(China, Slovakia, Indonesia, and Taiwan)

ITC Final Determination (estimated): 3 March 2000

Order (estimated): 10 March 2000
______________________________________
* U.S. law allows these dates to be extended

If DOC makes affirmative final AD or CVD determinations, the ITC must make a final injury determination within 45 days. If that determination is affirmative, DOC will issue a duty order.


FINAL DUMPING MARGINS:

Country AD Margins

Argentina:

Siderar Limited 24.53 percent

All Others 24.53 percent


Brazil:

Companhia Siderúrgica Nacional (CSN) 63.32 percent

Usinas Siderúrgicas de Minas Gerais (USIMINAS) 46.68 percent

Companhia Siderúrgica Paulista (COSIPA) 46.68 percent

All Others 46.68 percent


Japan:

Kawasaki Steel Corporation 53.04 percent

Kobe Steel, Ltd. 53.04 percent

Nippon Steel Corporation 53.04 percent

Nisshin Steel Co., Ltd. 53.04 percent

All Others 39.28 percent


Russia: 73.98 percent


South Africa

Iscor Ltd. 16.65 percent

All Others 16.65 percent


Thailand:

Thia Cold Rolled Steel and Sheet Corporation/Sahaviriya Steel Industries Public Co., Ltd 80.67 percent.

All Others 67.97 percent

FINAL CVD AD VALOREM RATE

Brazil:

Usiminas/Cosipa: 10.60 percent

CSN: 7.14 percent

All Others: 9.21 percent


VOLUME AND VALUE OF IMPORTS

1998 imports of merchandise subject to these petitions were valued at approximately $796,595,000. Below is a breakdown of imports country by country:

Volume of Imports (Metric Tons):
Country 1996 1997 1998
Argentina 40,000 81,000 85,000
Brazil 197,000 112,000 196,000
China 33,000 124,000 121,000
Indonesia 17,000 19,000 87,000
Japan 232,000 276,000 389,000
Russia 220,000 572,000 649,000
Slovakia 52,000 118,000 60,000
South Africa 77,000 106,000 148,000
Taiwan 3,000 6,000 42,000
Thailand 2,000 0 67,000
Turkey 52,000 179,000 145,000
Venezuela 13,000 38,000 74,000

(Source: AISI and IM 145)

 

Value of Imports (Thousands of U.S. Dollars)
Country 1996 1997 1998
Argentina $15,324 $32,774 $31,989
Brazil $83,343 $52,809 $76,171
China $14,023 $52,302 $45,155
Indonesia $6,122 $7,733 $30,233
Japan $130,975 $151,229 $186,020
Russia $78,116 $206,255 $220,249
Slovakia $20,008 $47,508 $25,515
South Africa $29,751 $43,033 $56,523
Taiwan $5,584 $7,500 $19,086
Thailand $2 $0 $23,191
Turkey $19,365 $73,856 $57,524
Venezuela $4,739 $14,499 $24,939

(Source: AISI and IM 145)

 

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