Sunset reviews of anti-dumping duties levied on the imports of flat rolled products of low carbon and low alloy and flat rolled products of austenitic stainless steels and ferritic stainless steels

October 02, 2024

Flat rolled products of low carbon and low alloy - Republic of South Africa, Republic of Korea, People's Republic of China, and Ukraine

 

The publication of SECEX Circular no. 50 initiated the sunset review of anti-dumping duties levied on Brazilian imports of flat rolled products of low carbon and low alloy originating from conventional or continuous casting, which may be processed through conventional or controlled rolling and heat treatment, with a thickness equal to or greater than 4.75 mm (0.19 inch), varying according to strength, and a width equal to or greater than 600 mm (23.6 inches), regardless of length (heavy plates), commonly classified under Mercosur Common Nomenclatures (NCM) 7208.51.00, 7208.52.00, and 7308.90.10, originating from the Republic of South Africa, Republic of Korea, People's Republic of China and Ukraine.

 

The request for review was submitted by Gerdau Açominas S.A. (Gerdau) and Usiminas.

 

The analysis of the likelihood of continuation or resumption of dumping considered the period from January to December 2023. The analysis of the likelihood of continuation or resumption of injury considered the period from January 2019 to December 2023.

 

The absolute and relative dumping margins for China and the comparisons between the normal value (South Africa, South Korea, and Ukraine) and the price of the domestic industry are presented below.

 

Dumping Margin – China

Normal Value

(US$/t)

Export Price (US$/t)

Absolute Dumping Margin (US$/t)

Relative Dumping Margin (%)

[CONFIDENTIAL]

[CONFIDENTIAL]

879.98

105.8

 

 

Comparison of the Constructed Normal Value from South Africa and the Price of the Domestic Industry

[CONFIDENTIAL]

CIF Internal Normal Value (US$/t)

 

(a)

Price of the Domestic Industry (US$/t)

 

(b)

Absolute Difference (US$/t)

 

(c) = (a) - (b)

Relative Difference (%)

 

(d) = (c) / (b)

[CONFIDENTIAL]

[CONFIDENTIAL]

860.80

70.9

Source: Petition

Elaboration: DECOM

 

 

Comparison of the Constructed Normal Value from South Korea and the Price of the Domestic Industry

[CONFIDENTIAL]

CIF Internal Normal Value (US$/t)

 

(a)

Price of the Domestic Industry (US$/t)

 

(b)

Absolute Difference (US$/t)

 

(c) = (a) - (b)

Relative Difference (%)

 

(d) = (c) / (b)

[CONFIDENTIAL]

[CONFIDENTIAL]

438.53

36.1

Source: Petition

Elaboration: DECOM

 

 

Comparison of the Constructed Normal Value from Ukraine and the Price of the Domestic Industry

[CONFIDENTIAL]

CIF Internal Normal Value (US$/t)

 

(a)

Price of the Domestic Industry (US$/t)

 

(b)

Absolute Difference (US$/t)

 

(c) = (a) - (b)

Relative Difference (%)

 

(d) = (c) / (b)

[CONFIDENTIAL]

[CONFIDENTIAL]

3,029.13

249.6

Source: Petition

Elaboration: DECOM

 

 

 

 

Flat rolled products of austenitic stainless steels type 304 and ferritic stainless steels type 430 - China and Chinese Taipei

 

The publication of SECEX Circular No. 51 initiated the sunset review of antidumping duties levied on Brazilian imports of flat rolled austenitic stainless steels type 304 (304, 304L, and 304H) and ferritic stainless steels type 430, cold-rolled, with a thickness equal to or greater than 0.35 mm (0.01 inch) but less than 4.75 mm (0.19 inch), commonly classified under Mercosur Common Nomenclatures (NCM) 7219.32.00, 7219.33.00, 7219.34.00, 7219.35.00, and 7220.20.90, originating from China and Chinese Taipei.

 

The request for review was submitted by Aperam Inox América do Sul S.A.

 

The analysis of the likelihood of continuation or resumption of dumping considered the period from January to December 2023. The analysis of the likelihood of continuation or resumption of injury considered the period from January 2019 to December 2023.

 

For the purposes of initiating the investigation, the following absolute and relative dumping margins for China were determined:

 

Dumping Margin – China

Normal Value

(US$/t)

 

(a)

Export Price (US$/t)

 

(b)

Absolute Dumping Margin

 

(c) = (a) – (b)

Relative Dumping Margin (%)

 

(d) = (c) / (b)

2,831.92

1,928.86

903.06

46.8

 

 

The CIF Internal Normal Value, Price of the Domestic Industry under ex-factory conditions, and the difference between both (in absolute and relative terms) regarding Chinese Taipei are presented below.

 

 

Difference between the Normal Value and Price of the Domestic Industry – Chinese Taipei

CIF Internal Normal Value (US$/t)

 

(a)

Price of the Domestic Industry (US$/t)

 

(b)

Absolute Difference (US$/t)

 

(c) = (a) - (b)

Relative Difference (%)

 

(d) = (c) / (b)

[CONFIDENTIAL]

[CONFIDENTIAL]

853.93

32.0

 

 

****

Interested parties can cooperate with the sunset reviews referred to above by providing data to fill in the Exporter, Importer, or other National Producer Questionnaires – within 30 days (extendable for another 30 days) from the date that such become aware of the investigation –, to defend their interests, and to possibly benefit from any individual antidumping margin, which is normally lower than the margin calculated based on the information available. Other potential interested parties who did not receive questionnaires are able to request their participation in the process by October 22, 2024.

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