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

The US Department of Commerce has levied antidumping (AD) duties on imports of carbon and alloy steel cut-to-length plates from Italy after determining that they were sold at less than fair value in the US.


In a preliminary review of steel plates exported from Italy, between May 1, 2018, and April 30, 2019, Commerce found that Lyman Steel Company, one of the seven companies being reviewed, had not made any shipments of the material during the period and therefore exempted it from the duties.


Of the remaining six companies, weighted average margins for NLMK Verona and Officine Tecnosider were determined at 1.39pc and 1.23pc, respectively. The balance four companies, O.ME.P, Ofar, Sesa, and Tim-Cop Doo Temerin were imposed with AD duties of 1.3pc. The AD for these four companies was determined by Commerce based on a review-specific average rate.


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