[Federal Register Volume 59, Number 85 (Wednesday, May 4, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 94-10718]
[[Page Unknown]]
[Federal Register: May 4, 1994]
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DEPARTMENT OF COMMERCE
[A-588-834]
Initiation of Antidumping Duty Investigation: Stainless Steel
Angle From Japan
AGENCY: Import Administration, International Trade Administration,
Department of Commerce.
EFFECTIVE DATE: May 4, 1994.
FOR FURTHER INFORMATION CONTACT: Mary Jenkins or Kate Johnson, Office
of Antidumping Investigations, Import Administration, International
Trade Administration, U.S. Department of Commerce, 14th Street and
Constitution Avenue, NW., Washington, DC 20230; telephone (202) 482-
1756, or (202) 482-4929.
INITIATION OF INVESTIGATION:
The Petition
On April 8, 1994, we received a petition filed in proper form by
Slater Steels Corporation, Specialty Alloys Division (petitioner), a
U.S. producer of stainless steel angle. In accordance with 19 CFR
353.12, the petitioner alleges that imports of stainless steel angle
from Japan are being, or are likely to be, sold in the United States at
less than fair value within the meaning of section 731 of the Tariff
Act of 1930, as amended (the Act), and that these imports are
materially injuring, or threaten material injury to, a U.S. industry.
The petitioner has stated that it has standing to file the petition
because it is an interested party, as defined under section 771(9)(C)
of the Act, and because the petition is filed on behalf of the U.S.
industry producing the product subject to this investigation. If any
interested party, as described under paragraphs (C), (D), (E), or (F)
of section 771(9) of the Act, wishes to register support for, or
opposition to, this petition, it should file written notification with
the Assistant Secretary for Import Administration.
Under the Department's regulations, any producer or reseller
seeking exclusion from a potential antidumping duty order must submit
its request for exclusion within 30 days of the date of the publication
of this notice. The procedures and requirements are contained in 19 CFR
353.14.
Scope of Investigation
For purposes of this investigation, the term ``stainless steel
angle'' includes hot-rolled, whether or not annealed or descaled,
stainless steel products angled at 90 degrees, that are not otherwise
advanced. The stainless steel angle subject to this investigation is
currently classifiable under subheadings 7222.40.30.20, and
7222.40.30.60 of the Harmonized Tariff Schedule of the United States
(HTSUS). Although the HTSUS subheadings are provided for convenience
and customs purposes, our written description of the scope of this
investigation is dispositive.
United States Price and Foreign Market Value
Petitioner based U.S. price (USP) on prices contained in a November
1993 price list for subject merchandise sold by an unrelated U.S.
importer and reseller of Japanese stainless steel angle to its U.S.
customer. Since these prices were quoted ex-dock, duty paid, petitioner
deducted from USP amounts for U.S. duty, ocean freight, marine
insurance, harbor maintenance and U.S. merchandise processing fees.
Petitioner used tax-exclusive, delivered prices of subject
merchandise sold in Japan by three Japanese producers during the month
of September 1993, as the basis for foreign market value (FMV). These
prices were obtained from a market research report and pertained to the
following three Japanese producers: Aichi Steel Works, Daido Steel and
Sumitomo Metal Industries. To calculate an ex-factory price, petitioner
used expense information from the market research report. Petitioner
converted the home market prices to U.S. dollars based on the monthly
average yen/dollar exchange rate effective during the month of the U.S.
sale, as reported by the Federal Reserve Bank of New York. Petitioner
deducted from FMV an amount for inland freight. Petitioner made
circumstance-of-sale adjustments for differences in imputed credit
costs between Japanese and U.S. sales based on the average payment
period identified in the foreign market research report.
Based on a comparison of USP to FMV, the dumping margins alleged by
petitioner for stainless steel angle from Japan range from 40.82
percent to 58.81 percent.
Preliminary Determination by the International Trade Commission
The International Trade Commission (ITC) will determine by May 23,
1994, whether there is a reasonable indication that imports of
stainless steel angle from Japan are materially injuring, or threaten
material injury to, a U.S. industry. A negative ITC determination will
result in this investigation being terminated; otherwise, the
investigation will proceed according to statutory and regulatory time
limits.
This notice is published pursuant to section 732(c)(2) of the Act
and 19 CFR 353.13(b).
Dated: April 20, 1994.
Susan G. Esserman,
Assistant Secretary for Import Administration.
[FR Doc. 94-10718 Filed 5-3-94; 8:45 am]
BILLING CODE 3510-DS-P