The International Trade Administration (ITA) has published a Federal Register Notice (FRN) extended the Steel Import Monitoring and Analysis (SIMA) System until March 21, 2022.
The purpose of the SIMA system, operated under its current authority since March 21, 2005, is to provide steel producers, steel consumers, importers, and the general public with accurate information on anticipated imports of certain steel products roughly five weeks earlier than it would otherwise be available.
Under this system steel import licenses obtained through an online system are required for U.S. imports of basic steel mill products. Further details on the SIMA system can be found on the ITA website.
With this FRN, the licensing program will be in effect through March 21, 2022, but may be extended upon review and notification in the Federal Register prior to this expiration date. Licenses will be required on all subject imports entered during this period, even if the entry summary documents are not filed until after the expiration of this program. The licenses will be valid for 10 business days after the expiration of this program to allow for the final filing of required Customs documentation.
Questions about this regulatory update may be directed to your Livingston account manager to Livingston’s US Regulatory Affairs group: [email protected].