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Novolipetsk Drops Russian Hot-Rolled Steel Duty Appeal

July 30, 2021, 1:43 PM

Novolipetsk Steel Public Joint Stock Co. dropped its appeal of the U.S. duty rate on certain entries of its hot-rolled steel products from Russia.

The U.S. maintains antidumping duties on Russian “hot-rolled flat-rolled carbon-quality steel products,” which are used in a variety of applications including automobiles, tubing, appliances, heavy machinery, and construction.

The Commerce Department conducted a periodic duty review covering subject steel that entered the U.S. between December 2016 and November 2017. The department concluded that the only U.S. sale that the company, also known as NLMK, made during the period of review wasn’t bona fide, based on the ...

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