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FACT SHEET

Final Results of the Antidumping Duty Administrative Review and Termination of the Suspension Agreement of Certain Hot-Rolled Flat-Rolled Carbon Quality Steel Products from Brazil

On February 5, 2002, the Department of Commerce ("the Department") announced the final determination of the antidumping investigation of certain hot-rolled flat-rolled carbon quality steel products ("hot-rolled steel") from Brazil. Pursuant to the Department’s regulations, the Department considered 1) whether sales were made above the reference price specified by the suspension agreement and 2) whether respondents eliminated 85% of the dumping margin from the investigation for each entry in its analysis of the sales made by Companhia Siderurgica Nacional (CSN), Usinas Siderurgicas de Minas Gerais (USIMINAS), and Companhia Siderurgica Paulista (COSIPA). For the final results, we have found that Brazilian producers of hot-rolled steel have violated the terms of the agreement. As a result, we will terminate the agreement, suspend liquidation of entries of hot-rolled steel from Brazil, and publish an antidumping duty order instructing the U.S. Customs Service to collect antidumping duties ranging from 41.27 to 43.40 percent.

PETITIONERS:

The AD petitions were filed on behalf of the U.S. steel industry by the following domestic producers: Bethlehem Steel Corporation, LTV Steel Company Inc., National Steel Corporation, and United States Steel LLC.

PRODUCT DESCRIPTION:

The merchandise subject to this investigation is hot-rolled flat-rolled carbon quality steel products. The technical language describing the scope of the investigation will be included in the final determination notice which will be published in the Federal Register.

CASE CALENDAR:

Event

Date

Original Petition Filed

30 September 1998

Initiation of Original Investigation

15 October 1998

Suspension Agreement Signed

06 July 1999

Initiation of Review

06 September 2000

DOC Preliminary Determination

08 August 2001

DOC Final Determination

04 February 2002

Order (estimated)

09 February 2002

 

FINAL DUMPING MARGINS:

Company

AD Margins

(from the investigation)

Companhia Siderurgica Nacional (CSN)

41.27%

Usinas Siderurgicas de Minas Gerais (USIMINAS)/Companhia Siderurgica Paulista (COSIPA)

43.40%

All Others

42.12%

 

 

 

VOLUME AND VALUE OF IMPORTS

VOLUME(MT)

BRAZIL

1998

1999

2000

2001

(Jan to Nov)

Volume (MT)

393,874

45,271

148,433

4,539

 

VALUE ($)

BRAZIL

1998

1999

2000

2001

(Jan to Nov)

Value ($)(000)

$114,646

$10,213

$45,329

$1,437

 

 

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