Australia ends AD probe into China, Korea flat steel imports but renews precision tube duties

Australia's Anti-Dumping Commission has selectively terminated its ongoing trade-remedy investigation into imports of certain flat-rolled steel products from China and South Korea, while renewing anti-dumping (AD) and countervailing duty (CVD) measures on precision pipe and tube imports from the two countries.

On August 26, the commission announced in a notice that it had found Chinese mills Baosteel Zhanjiang Iron & Steel Co Ltd and Hunan Valin Lianyuan Iron & Steel Co Ltd had received only "negligible" subsidies from the Beijing government during the investigation period. Consequently, the commission was terminating the countervailing