Commerce Begins AD/CV Duty Investigations on GOES from Seven Countries
The Commerce Department is beginning antidumping duty investigations on grain oriented electrical steel from China, the Czech Republic, Germany, Japan, South Korea, Poland, and Russia, and a countervailing duty investigation on GOES from China, according to an Oct. 25 fact sheet released by the agency. Domestic steel companies requested the investigations on Sept. 18, alleging dumped and illegally-subsidized imports are taking domestic market share and causing falling sales and profits (see 13091909). The International Trade Commission is set to make its preliminary injury determination by Nov. 20. These AD/CV duty investigations will only continue if the ITC finds injury. ITT will provide more details upon publication of the initiation notice in the Federal Register.
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GOES is mainly used in laminated cores for large and medium-sized electrical power transformers and distribution transformers. The directional magnetic properties of GOES allow for the transformation of electric power from a high voltage form generated by a power plant to levels that are appropriate for local distribution. GOES may also be used by stampers to punch laminations for use in equipment having smaller transformers, including appliances and aerospace, aeronautical, and electronic equipment.