Steel
Import Monitoring & Analysis
The International Trade Administration
has issued an interim final rule concerning
the Steel Monitoring and Analysis (SIMA)
system in the Federal Register of March
11, 2005.
The purpose of the SIMA system is to provide
steel producers, steel consumers, importers,
and the general public with accurate and
timely information on anticipated imports
of certain steel products. Currently, the
SIMA system requires licenses for imports
of certain steel products that were formerly
covered under the President's safeguard
action. Details of the current system can
be found in the final rule (19 CFR 360)
published on December 31, 2002 (67 FR 79845).
The
interim rule extends the SIMA system for
an additional four years, until March 21,
2009. The product coverage under the SIMA
system will be modified to include all basic
steel mill products, while certain downstream
steel products will be removed from the system
and the licensing requirements.
For
those steel products already covered by the
system, licensing will continue uninterrupted. For
basic steel mill products not currently covered
by the system, licenses will not be required
until June 9, 2005. Licenses
will continue to be required for downstream
steel products that are to be removed from
the system until June 9, 2005. A
complete list of products and tariff numbers
for which licenses will be required is included
in the Federal Register Notice. The
final rule is available at http://www.gpoaccess.gov/fr/.
PBB
will continue to obtain licenses on your
behalf through the International Trade Administration
of the Department of Commerce, as the import
license number is required on the US Customs
entry. There will be a
nominal fee per steel entry.
A
license application may contain multiple
products if the importer, exporter, manufacturer
and the country of origin and exportation
are all the same. However,
if any of the above information differs,
separate license applications must be submitted. Therefore,
there could be more than one license per
entry. There will be a
nominal fee charged on our billing invoice
per license(s) obtained for each entry summary.
Please
contact the Trade and Regulatory Services
department of PBB at (716) 692-3100 or trs@pbb.com for
additional information.
|
