AK Steel said that the U.S. International Trade Commission (ITC) reached an affirmative (4-1) final determination that the domestic industry producing non-oriented electrical steel (NOES) is materially injured by dumped and subsidised imports from six countries. The final injury determination means that antidumping orders will be imposed against imports from all six countries and countervailing duty orders will be imposed against imports from China and Taiwan.
AK Steel Corporation filed petitions on 30 September 2013, charging that unfairly traded imports of NOES from China, Germany, Japan, South Korea, Sweden and Taiwan were causing material injury to the domestic injury. On 7 October 2014, the U.S. Department of Commerce announced its final affirmative determinations that imports of NOES were dumped from all six countries and that imports from China and Taiwan were also subsidised.
In addition, the Commerce Department will instruct CBP to continue to require U.S. importers of NOES from China and Taiwan to deposit estimated countervailing duties at the time of importation of 158.88% for China and 8.80% 17.12% for Taiwan.
NOES is an alloy steel that contains by weight more than 1.0% but less than 3.5% of silicon and not more than 0.08% of carbon or 1.5% of aluminium. The petitions cover NOES whether or not in coils, regardless of width, and having a thickness of 0.20mm or more.
