DOC Makes Final CVD Determination on Stainless Steel Sheet and Strip from the PRC

Posted by Sarah Lilly on 2/8/17 4:37 PM

In a Federal Register Notice (FRN) published on February 8, 2017 the Department of Commerce (Commerce) made a final affirmative countervailing determination that stainless steel sheet and strip from the People’s Republic of China (PRC) are being provided countervaiable subsidies. 

According to the notice, “The merchandise covered by this investigation is stainless steel sheet and strip, whether in coils or straight lengths. Stainless steel is an alloy steel containing, by weight, 1.2 percent or less of carbon and 10.5 percent or more of chromium, with or without other elements.” Merchandise covered by this investigation is typically imported under the following headings of the Harmonized Tariff Schedule of the United States: 7219.34.0050, 7219.35.0005, 7219.35.0015, 7219.35.0030, 7219.35.0035, 7219.35.0050, 7219.90.0010, 7219.90.0020, 7219.90.0025, 7219.90.0060, 7219.90.0080, 7220.12.1000, 7220.12.5000, 7220.20.1010, 7220.20.1015, 7220.20.1060, 7220.20.1080, 7220.20.6005, 7220.20.6010, 7220.20.6015, etc.

The rates are as follows:

Country

Exporter/Producer

Subsidy Rate  

China

·         Shanxi Taigang Stainless Steel Co. Ltd

75.60%

China

·         Ningbo Baoxin Stainless Steel Co., Ltd.

·         Daming International Import Export Co Ltd.

·         Tianjin Taigang Daming Metal Product Co., Ltd

190.71%

China

All Others

75.60%

 

This is determination is effective as of February 8, 2017.

The Federal Register notice can be accessed at:

https://www.federalregister.gov/documents/2017/02/08/2017-02577/countervailing-duty-investigation-of-stainless-steel-sheet-and-strip-from-the-peoples-republic-of

Topics: CVD

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