USITC Makes Determinations In Sunset Reviews Concerning Stainless Steel Sheet, Strip From Germany, Italy, Japan, Korea, Mexico

13/07/2011 12:00 - 369 Views

The U.S. International Trade Commission (USITC) today determined that revoking the existing countervailing duty order on stainless steel sheet and strip from Korea and the existing antidumping duty orders on stainless steel sheet and strip from Japan, Korea, and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

It further determined that revoking the existing antidumping duty orders on imports of these products from Germany, Italy, and Mexico would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
As a result of the Commission's affirmative determinations, the existing orders on imports of these products from Japan, Korea, and Taiwan will remain in place. The existing orders on imports of these products from Germany, Italy, and Mexico will be revoked.

Commissioner Shara L. Aranoff and Vice Chairman Irving A. Williamson voted in the affirmative with respect to Japan, Korea, and Taiwan, and in the negative with respect to Germany, Italy, and Mexico. Commissioner Dean A. Pinkert voted in the affirmative with respect to Japan, Korea, Mexico, and Taiwan, and in the negative with respect to Germany and Italy. Commissioner Charlotte R. Lane voted in the affirmative with respect to all countries. Chairman Deanna Tanner Okun and Commissioner Daniel R. Pearson voted in the negative with respect to all countries.

Today's action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. See the attached page for background on this five-year (sunset) review.

The Commission's public report Stainless Steel Sheet and Strip from Germany, Italy, Japan, Korea, Mexico, and Taiwan (Inv. No. 701-TA-382 and 731-TA-798-803 (Second Review), USITC Publication 4244, July 2011) will contain the views of the Commission and information developed during the reviews.

July 8, 2011
Source: usitc.gov


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