The US
Department of Commerce (DOC) has recently announced the final results of the
sunset reviews pertaining to the antidumping duty (AD) orders on certain
After thorough evaluation, the DOC has determined the
weighted-average dumping margins to be 42.39% for India, 52.42% for Indonesia,
and 6.09% for South Korea. These figures shed light on the extent of the unfair
trade practices in the steel plate market.
In a separate administrative review, the DOC has also released
preliminary results regarding the antidumping duty order on carbon and alloy
steel cut-to-length plate from Italy. The review covered the period from May 1,
2021, to April 30, 2022, during which Italian producer NLMK Verona was
found to have engaged in sales of the subject products at prices lower than the
normal value. Additionally, the DOC has rescinded the review for Officine
Tecnosider s.r.l. due to the timely withdrawal of the request.
Based on the preliminary findings, the DOC has established a
weighted-average dumping margin of 15.88% for NLMK Verona. These results
underscore the significance of fair trade practices and the enforcement of
antidumping measures.
The imposition of preliminary antidumping duties for Italy took
effect from June 5, marking a step towards addressing the unfair trade
practices and ensuring a level playing field in the steel industry.