The US Department of Commerce has preliminarily determined that exporters of hot-rolled flat steel products from Japan and Australia made sales at less than fair value (LTFV) within the US.
In an order slated for publication on Feb 23, Commerce noted that 20 Japanese sellers including Nippon Steel, Sumitomo, JFE Steel, and Kobe Steel, as well as Australia’s BlueScope, along with its subsidiaries made LTFV sales during the period of review (POR) October 1, 2018, to September 30, 2019.
Commerce has assigned antidumping duties to the parties involved at the rates mentioned in the table below. It will instruct US Customs and Border Protection to assess AD rates and cash deposits accordingly once the final results are published.
|Exporter||AD Margin (pc)|
|Higuchi Manufacturing America|
|JFE Shoji Trade America|
|Nakagawa Special Steel|
|Nippon Steel & Sumikin Logistics|