Commerce Department self-initiates, alleged dumping margin 57-60%
Typically, antidumping (AD) and countervailing duties (CVD) begin after petitionsare filed by a domestic industry reacting to imports that are either 'dumped' or'unfairly subsidized'. However, in this case, the Commerce Department (CD) hasbegun an investigation against common alloy aluminum sheet based on its ownevidence that China's exports may be materially injuring, or threatening materialinjury to, the common alloy sheet industry in the US. This is the first time a selfinitiationhas occurred in 26years. While the CD investigates dumping marginsof 56.54-59.72%, the International Trade Commission's (ITC) will conduct its owninvestigation. The ITC's preliminary determination is expected by January 16,2018. If the ITC determines injury or a threat of injury, the CD investigationscan continue. A preliminary CVD determination is scheduled for February 2018and a preliminary AD determination is scheduled for April 2018. If the CD findsdumping or unfair subsidization has occurred, US Customs and Border Protectioncan collect cash deposits from companies importing the subject aluminum sheetfrom China. Final determinations by the CD are scheduled for April 2018for CVD,and July 2018for the AD.
What is common alloy aluminum sheet?
The sheet under investigation is typically used in construction (gutters anddownspouts), transportation (trailers, traffic signs and license plates) and kitchenappliances. More specifically the imports under investigation are flat-rolledaluminum having thickness of 0.2-6.3mm, in coils or cut-to-length. Excluded fromthe investigation is aluminum can stock (used in beverage cans production). In2016, 275kt (607m lbs) of common alloy sheet was imported from China and wasvalued at $604m. Year to date through September imports have grown to 279kt(615m lbs, +34% YoY), if annualized this would indicate 35% YoY growth to 372kt(820m lbs).
WASHINGTON (Feb. 22, 2017) — By a 3-2 vote, the U.S. International Trade Commission has made a negative determination on whether the domestic truck and bus tire industry has suffered MATerial injury beCAuse of Chinese imports.
Alcoa, Arconic, Constellium and Kaiser Aluminum all have the ability to producethe commodity grade aluminum sheet under investigation. However, eachcurrently produces negligible, if any, amounts of the material. We believe importsfrom other countries could replace lost imports from China, rather than domesticproducers seeing entire benefit. Primary aluminum producers (Alcoa and CenturyAluminum) are unlikely to benefit on a volume basis, but could see improvedregional premia pricing.
The ITC vote means that the U.S. Department of Commerce will not order U.S. Customs and Border Protection to collect antidumping and countervailing duties from Chinese truck and bus tire manufacturers and importers.
ITC Vice Chairman David B. Johanson and Commissioners Meredith M. BroADBEnt and F. Scott Kieff voted against a finding of material injury, whereas Chairman Rhonda K. Schmidtlein and Commissioner Irving A. Williamson voted in the affirmative. Commissioner Dean A. PiNKErt did not participate in the vote.
bob体育黑平台网 ，The United Steelworkers union petitioned the ITC in January 2016, requesting antidumping and countervailing duty relief protection from Chinese truck and bus tire imports under Sections 701 and 731 of the Trade Act.
The ITC made a preliminary determination of material injury in March, and the Commerce Department issued final antidumping duties against Chinese tire makers ranging from 9 to 22.57 percent on Jan. 23.
On the same day, Commerce levied final countervailing duties ranging from 38.61 to 65.46 percent. On Feb. 14, after reviewing its calculations, the agency lowered the countervailing duties against Double Coin HoldinGS Ltd. to 20.98 from 38.61 percent. The duties against Guizhou Tyre Co. Ltd. were lowered slightly, to 63.34 from 65.46 percent.
Cooper Tire &Rubber Co., which manufactures all its truck and bus tires in China, approved the decision.
“Cooper supports free and fair trade, and we are pleased with the ITC’s determination,” the tire maker said.
Walter Weller, senior vice president, strategic accounts at China Manufacturers Alliance L.L.C. , also said he was pleased with the ITC’s decision. CMA is a wholly-owned subsidiary of Double Coin and the domestic DIStributor of Double Coin tires.
“Anybody considering all the facts, including the record profits for American manufacturers and their inability to even come close to satisfying domestic truck and bus tire demand, would have to conclude that this was the right thing to do,” Mr. Weller said.
USW International President Leo W. Gerard condemned the decision.
“The ITC commissioners made a huge mistake,” Mr. Gerard said in a press release. “While the Department of Commerce identified subsidies of up to more than 60 percent and dumping of up to almost 23 percent, the ITC failed to support relief for the injured workers.
“That simply ignores the facts and the harm that Chinese unfairly traded exports have caused the workers,” he said.
Other recent USW petitions to the ITC met with more success.
In July 2015, the ITC voted 3-3 to find that Chinese passenger and light truck tire imports were causing material injury to the U.S. passenger and light truck tire industry. Commerce assessed countervailing duties ranging from 20.73 to 100.77 percent, and antidumping duties of 14.35 to 87.99 percent.
On Feb. 3, the ITC voted 5-0 to find that Indian and Sri Lankan off-the-road tire imports were causing material injury to the U.S. OTR tire industry.
The USW and Titan Tire Corp. were the petitioners. Countervailing duties levied in that case ranged from 2.18 to 5.38 percent. No antidumping duties were levied.
The ITC’s report on the Chinese truck and bus tire investigation will be posted online by March 15.