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Hot-Rolled Steel: ITC Preliminarily Finds Injury, Continues AD/CVD Investigations

Antidumping and countervailing duty investigations on hot-rolled steel flat products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom will continue, after the International Trade Commission voted on Sept. 24 that there is a "reasonable indication" U.S.…

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industry is injured by dumped and subsidized imports (here). All five ITC commissioners that are participating in the investigations voted affirmatively. The Commerce Department will now consider whether to impose cash deposit requirements on hot-rolled steel in its preliminary CV duty determinations, currently due Nov. 4, and its preliminary AD determinations, due Jan. 18 (both deadlines may be postponed).