🏗️Antidumping Duty Preliminary Determination on Steel Products from Brazil
Certain Corrosion-Resistant Steel Products From Brazil: Preliminary Affirmative Determination of Sales at Less Than Fair Value, Postponement of Final Determination, and Extension of Provisional Measures
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that certain corrosion-resistant steel products (CORE) from Brazil are being, or are likely to be, sold in the United States at less than fair value (LTFV). The period of investigation is July 1, 2023, through June 30, 2024. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The document outlines the preliminary determination of antidumping duties on corrosion-resistant steel products from Brazil, indicating that these products may be sold at less than fair value. This can significantly impact pricing and profit margins for U.S. producers and importers, necessitating compliance with new regulatory requirements and potentially affecting market access.