US DOC Finds AD & CVD on Imports of Forged Steel Fluid End Blocks
12/12/2020 12:00
US Department of Commerce announced affirmative final determinations in the antidumping duty investigations of forged steel fluid end blocks from Germany and Italy, and affirmative final determinations in the countervailing duty investigations of fluid end blocks from China, Germany, India, and Italy. Commerce also announced a negative determination in the AD investigation of fluid end blocks from India. Commerce determined that exporters from Germany and Italy have dumped fluid end blocks in the United States at rates ranging from 3.82 to 70.84 percent, and 0.00 to 58.48 percent, respectively.
In addition, Commerce determined that exporters from China, Germany, India, and Italy received countervailable subsidies at the following rates:
16.80 to 337.07 percent for China
5.86 to 14.81 percent for Germany
5.20 percent for India
3.12 to 44.86 percent for Italy
The petitioners estimate that the value of imports of forged steel fluid end blocks in 2018 from China, Germany, India, and Italy was approximately USD 17.8 million, USD 23.3 million, USD 44.4 million and USD 46.4 million, respectively.
The petitioners are the FEB Fair Trade Coalition of Cleveland Ohio, Ellwood City Forge Company, Ellwood Quality Steels Company and Ellwood National Steel Company of Ellwood City in Pennsylvania and A Finkl & Sons of Chicago in Illinoi.
The US International Trade Commission is currently scheduled to make its final injury determinations on or about January 21, 2021. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated, and no orders will be issued.
Source: SteelGuru Business News
In addition, Commerce determined that exporters from China, Germany, India, and Italy received countervailable subsidies at the following rates:
16.80 to 337.07 percent for China
5.86 to 14.81 percent for Germany
5.20 percent for India
3.12 to 44.86 percent for Italy
The petitioners estimate that the value of imports of forged steel fluid end blocks in 2018 from China, Germany, India, and Italy was approximately USD 17.8 million, USD 23.3 million, USD 44.4 million and USD 46.4 million, respectively.
The petitioners are the FEB Fair Trade Coalition of Cleveland Ohio, Ellwood City Forge Company, Ellwood Quality Steels Company and Ellwood National Steel Company of Ellwood City in Pennsylvania and A Finkl & Sons of Chicago in Illinoi.
The US International Trade Commission is currently scheduled to make its final injury determinations on or about January 21, 2021. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated, and no orders will be issued.
Source: SteelGuru Business News
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