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Preliminary Affirmative Countervailing Duty Determination and Alignment of Final Countervailing Duty Determination with Final Antidumping Duty Determination: Certain Hot-Rolled Carbon Steel Flat Products from Argentina

(February 8, 2001)

Background:

February 8, 2001, the Department of Commerce (DOC) announced the preliminary determination in the above-referenced countervailing duty (CVD) determination.

This case was included in a petition filed on November 13, 2000, against hot-rolled steel (subject merchandise) from Argentina, China, India, Indonesia, Kazakhstan, Netherlands, Romania, South Africa, Taiwan, Thailand, and Ukraine. On January 16 and 17, 2001, Siderar, a company identified in the petition as a producer/exporter that shipped subject merchandise to the United States during the period of investigation (POI), and the Government of Argentina (GOA) informed the Department that they were not going to participate in the investigation. As a result, we calculated the net subsidy rates in the preliminary determination using the facts available in the petition.

Petitioners:

The petition in this investigation was filed by Bethlehem Steel Corporation, Gallatin Steel Company, IPSCO Steel Inc., LTV Steel Company, Inc., National Steel Corporation, Nucor Corporation, Steel Dynamics, Inc., U.S. Steel Group, a unit of USX Corporation, Weirton Steel Corporation, Independent Steelworkers Union, and the Independent Steelworkers of America.

Product Description:

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

Case Calendar:

The following determinations will be made on the following dates:

Event

Date

Final CVD Determination(1) (Subject to Extension): July 9, 2001
ITC Final Determination (Subject to Extension) August 23, 2001
Issuance of CVD Order (Subject to Extension) August 30, 2001

Preliminary Net Subsidy Rates:

Company

Net Subsidy Rate

Siderar Sociedad Anomina Industrial & Commercial (Siderar) 40.79 % ad valorem
All Others Rate 40.79 % ad valorem


Import Statistics: (2)

1997 1998 1999 1999YTD 2000YTD
Argentina
Quantity (tonnes) 392.74 0 106.10 49,045.17 69,315.33
Value ($) 121,555 0 25,585,254 11,027,153 20, 125,924


1. Aligned with final determination in the concurrent antidumping duty investigation. The final determination due date falls on July 7, 2001, which is a Saturday. Therefore, the date is moved to the following Monday.

2. Figures are from the International Trade Commission's DataWeb for HTS subheadings 7208.10.15.00, 7208.10.30.00, 7208.10.60.00, 7208.25.30.00, 7208.25.60.00, 7208.26.00.30, 7208.26.00.60, 7208.27.00.30, 7208.27.00.60, 7208.36.00.30, 7208.36.00.60, 7208.37.00.30, 7208.37.00.60, 7208.38.00.15, 7208.38.00.30, 7208.38.00.90, 7208.39.00.15, 7208.39.00.30, 7208.39.00.90, 7208.40.60.30, 7208.40.60.60, 7208.53.00.00, 7208.54.00.00, 7208.90.00.00, 7211.14.00.90, 7211.19.15.00, 7211.19.20.00, 7211.19.30.00, 7211.19.45.00, 7211.19.60.00, 7211.19.75.30, 7211.19.75.60, and 7211.19.75.90.

 

 

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