AD: Korea Stainless Steel Sheet and Strip in Coils
The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of stainless steel sheet and strip in coils from Korea for the period of July 1, 2004 through June 30, 2005.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
AD Cash Deposit Instructions for a Time of Entry on or after 01/31/07:
| Company |
|---|
| 58.79%1 |
| 58.79%1 |
| 3.77% |
| 58.79%1 |
| 58.79%1 |
| (a), (b), (c) |
(a) For previously investigated companies not listed above, the AD duty cash deposit rate will continue to be the company-specific rate published for the most recent period;
(b) If the exporter is not a firm covered in this review or the AD investigation, but the manufacturer is, then the AD duty cash deposit rate will be the rate established for the most recent period for the manufacturer of the merchandise; and
(c) The AD duty cash deposit rate for all other manufacturers or exporters will continue to be 2.49%, the "all others" rate established in the AD investigation.
1The ITA based this rate on Adverse Facts Available (AFA) as the ITA states that Boorim, Dae Kyung, Dine, and Dosko declined to participate in this AD administrative review.
Assessment Instructions for the Review Period (07/01/04 - 06/30/05)
The ITA states that it intends to issue appropriate assessment instructions for subject merchandise to U.S. Customs and Border Protection (CBP) 15 days after January 31, 2007.
Additionally, the ITA states that it calculated importer-specific duty assessment rates for DMC, which trade sources note may differ significantly from the AD cash deposit rate listed above (which is a weighted average). For Boorim, Dae Kyung, Dine, and Dosko, the ITA will instruct CBP to liquidate entries at the AFA rates indicated above.
The ITA adds that for entries of subject merchandise during the review period produced by companies included in these final results of review for which the reviewed companies did not know their merchandise was destined for the U.S., as well as any companies for which it is rescinding the review based on claims of no shipments, the ITA will instruct CBP to liquidate unreviewed entries at the "all-others" rate if there is no rate for the intermediate company(ies) involved in the transaction. (See ITT's Online Archives or 06/02/03 news, 03060245 for BP summary of the ITA's May 2003 "automatic assessment" regulation.)
(See ITA notice for more information, including the scope of the order, the rescission of 8 companies, etc. See ITT's Online Archives or 04/19/06 news, 06041940, for BP summary of the preliminary results of this AD duty administrative review.)
ITA contact - Irina Itkin (202) 482-0656
ITA Notice (FR Pub 01/31/07) available at http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/pdf/E7-1462.pdf