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AD/CV: Japan and Korea Structural Steel Beams

The International Trade Commission (ITC) has issued a press release stating that on February 23, 2006, five out of six Commissioners voted to revoke the existing antidumping (AD) and/or countervailing (CV) duty orders on structural steel beams from Japan (A-588-852) and Korea (A-580-841 & C-580-842).

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According to the press release, the majority of ITC Commissioners determined that revocation of these existing AD and CV duty orders would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

(This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act (URAA), which according to 19 CFR 351.218(a), requires the International Trade Administration (ITA) to revoke an AD or countervailing (CV) duty order, or terminate a suspension agreement, after five years unless it is found that revocation would be likely to lead to both (1) a continuation or recurrence of dumping or a countervailable subsidy and (2) material injury to a U.S. industry within a reasonably foreseeable time.

A negative determination either by the ITA with respect to (1) above or by the ITC with respect to (2) above results in the revocation of the AD and/or CV duty order.)

(See ITT's Online Archives or 05/03/05 or 02/23/06 news, 05050325 and 06022330, for BP summaries of the ITA and ITC's initiation and scheduling of these investigations, respectively.)

ITC Contact - Peg O'Laughlin (202) 205-1819

ITC Press Release (06-015, Inv. Nos. 701-TA-401 and 731-TA-853-854, dated 02/23/06) available athttp://www.usitc.gov/ext_relations/news_release/2006/er0223dd1.htm