The Department of Commerce has decided to cancel the review of the antidumping duty order on hot-rolled steel flat products imported from Brazil between October 1, 2019, and September 30, 2020. This decision was made because the parties who originally requested the review, including several steel companies, withdrew their request within the allowed time frame. As a result, the Department will proceed to assess antidumping duties based on previously set estimates and instructions to U.S. Customs and Border Protection. Importers are reminded to comply with regulations concerning the reimbursement of antidumping duties or risk having those duties doubled.
Simple Explanation
The U.S. Department of Commerce decided to stop looking into the prices of steel from Brazil because the people who asked for the review changed their minds and said they didn't need it anymore, so the usual rules about taxes on this steel will stay the same.