Geopolitics Alpha

Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction

Published . Updated .

The U.S. Department of Commerce (Commerce) published notice in the Federal Register of July 25, 2018 and October 20, 2023 in which Commerce announced the final results of the first and second sunset reviews of the countervailing duty (CVD) order on drawn stainless steel sinks from the People's Republic of China (China). These notices incorrectly stated an all-others rate of 8.61 percent.

Directly affected

  • PPLI People

    Named in this report.

Indirectly affected

  • CMC COMMERCIAL METALS CO

    GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CRML CRITICAL METALS CORP PUBCO ORD SHS

    GA selected CRML as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • MP MP MATERIALS CORP

    GA selected MP as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • NEWP NEW PAC METALS CORP F

    GA selected NEWP as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • PLG PLATINUM GROUP METALS LTD

    GA selected PLG as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • RYAM RAYONIER ADVANCED MATERIALS

    GA selected RYAM as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PPLI———————
CMC———————
CRML———————
MP———————
NEWP———————
PLG———————
RYAM———————

The U.S. Department of Commerce (Commerce) published notice in the Federal Register of July 25, 2018 and October 20, 2023 in which Commerce announced the final results of the first and second sunset reviews of the countervailing duty (CVD)…

Source: Federal Register

Commercial Metals (CMC) since this story, compared with the market

Since the first closing price after “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction,” Commercial Metals (CMC) is +1.99%. The S&P 500 fund (SPY) is -1.36% over the same days, a +3.35% difference versus the market.

CMC
SPY

Who gains and who loses around Commercial Metals (CMC)

Companies carried with this story

  • CMC Commercial Metals

    For “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction,” Commercial Metals (CMC) is linked, with no stored direction, medium confidence. Reason on file: GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CRML Critical Metals

    Critical Metals (CRML) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction.” Reason on file: GA selected CRML as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • MP MP Materials Corp. / DE

    For “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction,” MP Materials Corp. / DE (MP) is linked, with no stored direction, medium confidence. Reason on file: GA selected MP as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • NEWP New Pacific Metals

    New Pacific Metals (NEWP) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction.” Reason on file: GA selected NEWP as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PLG Platinum Group Metals

    Platinum Group Metals (PLG) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction.” Reason on file: GA selected PLG as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • RYAM Rayonier Advanced Materials

    Rayonier Advanced Materials (RYAM) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction.” Reason on file: GA selected RYAM as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Commercial Metals (CMC)

Commercial Metals (CMC) is the company in “Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction,” the 6 Oct 2026 this story story.

Commercial Metals (CMC) is on the page because GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Critical Metals (CRML), is listed for a different reason: GA selected CRML as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Commercial Metals (CMC), and the dates in the story

CMC traded between 60.61 and 69.41 across 20 sessions. The latest close on file is 64.54. CRML traded between 5.91 and 9.23 across 20 sessions. The latest close on file is 6.50. MP traded between 38.61 and 51.35 across 20 sessions. The latest close on file is 38.97.

How strong the case is around Commercial Metals (CMC)

54 out of 100

“Drawn Stainless Steel Sinks From the People's Republic of China: Final Results of the Expedited First and Second Sunset Reviews of the Countervailing Duty Order; Correction” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.