Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce increased the antidumping duty (AD) levied on three companies exporting cut-to-length (CTL) plates from Belgium after amending its results for the product.


Commerce indicated in a notification on Wednesday that Nucor had alleged a ministerial error in the calculation of the final AD for Belgian CTL for the period of review May 1, 2018, to April 30, 2019, that was published by the agency on Mar 24. 


On reanalyzing the results based on Nucor’s complaint, Commerce found that it had unintentionally added Section 232 duties to the US price of CTL from Industeel Belgium, which then resulted in the amendment, which increases the weighted-average dumping margin for three Belgian companies.


As a result, the AD for Industeel Belgium was revised upwards from 4.57pc to 8.64pc. The AD for Stahlo Stahl and Tranter was also raised from 8.43pc to 10.47pc because of this revision. The AD for NLMK Belgium remains at 12.29pc.

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