Hot-Rolled Steel: Commerce May Retroactively Suspend Liquidation for Japanese, Brazilian Exporters
The Commerce Department intends to retroactively suspend liquidation for entries from certain companies subject to ongoing antidumping duty investigations on hot-rolled steel flat products from Brazil and Japan (A-51-845, A-588-874) and a countervailing duty investigation on hot-rolled steel flat products from Brazil (C-351-846), it said (here). The agency preliminarily found “critical circumstances” for Brazilian producer/exporters Companhia Siderugica Nacional and Usinas Siderurgicas da Minas Gerais, and Japanese producer/exporters Nippon Steel & Sumikin Bussan Corporation and JFE Steel Corporation. As a result, if it finds dumping or illegal subsidization, Commerce will suspend liquidation for entries from those countries beginning 90 days before its preliminary determination is published.
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The preliminary CV duty determination for Brazil is due Jan. 8 (see 1510200077, so CV duty suspension of liquidation would take effect for Brazilian entries from these companies beginning in October 2015. Preliminary AD duty determinations for Brazil and Japan are due March 8 (see 1511240006, so AD duty suspension of liquidation for these Brazilian and Japanese companies would take effect in January 2016.
(Federal Register 12/09/15)