AD: China Prestressed Concrete Steel Wire Strand
The International Trade Administration has made a preliminary affirmative antidumping determination that prestressed concrete steel wire strand from China is being, or is likely to be, sold in the U.S. at less than fair value.
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.
Combination Rates
The ITA has calculated combination rates for respondents that are eligible for a separate rate in this investigation. (See ITT's Online Archives or 04/11/05 news, (Ref: 05041110), for BP summary of 2005 policy bulletin outlining this change in practice with regard to AD combination rates for non-market economies (NMEs).)
AD Suspension of Liquidation Instructions
The ITA will instruct U.S. Customs and Border Protection to suspend liquidation of all entries of prestressed concrete steel wire strand with a time of entry on or after December 23, 2009.
AD Cash Deposit Requirements (Some to be Adjusted for Export Subsidies)
The ITA will direct CBP to require a cash deposit or bond for entries of subject merchandise from China for the following exporter/producer combinations (except for the China-wide entity) with a time of entry on or after December 23, 2009 at the AD duty rates listed below1.
| Exporter | Prelim AD Rate |
|---|---|
| Wuxi Jinyang Metal Products Co. (WJMP) | 37.72%1 (to be adjusted) |
| Xinhua Metal Products Co., Ltd. | 151.44%1 (to be adjusted) |
| Fasten Group Import & Export (Fasten Group I&E) | 151.44%1 (to be adjusted) |
| China-wide entity (including Tianjin Shengte, Silvery Dragon, and Tongda)2 | 193.55% |
1Because the ITA has determined that subject merchandise exported by mandatory respondent Xinhua Metal benefitted from an export subsidy, its AD duty rate will be adjusted for the export subsidy rate determined in the preliminary countervailing duty determination. The AD duty rate for Fasten Group I&E, the separate rate company, will also be adjusted for Xinhua Metal's CV duty rate. The listed AD duty rate of 151.44% is a pre-adjusted rate, as the adjusted rate is currently unavailable.
Additionally, the ITA has included voluntary respondent WJMP under the "all others" rate in the companion CV duty determination. Therefore, WJMP's AD duty rate will be adjusted for the export subsidy rate in the "all others" rate in the preliminary CV duty determination. The listed AD duty rate of 37.72% is a pre-adjusted rate, as the adjusted rate is currently unavailable.
2The China-wide entity includes Tianjin Shengte; Silvery Dragon PC Steel Products Group Co., Ltd.; and Liaonin TongDa Building Material Industry Co., Ltd.
(See ITA notice for additional information, including the scope of the order (which is currently unchanged from the initiation notice), etc.
See ITT's Online Archives or 06/23/09 news, 09062345, for BP summary of the ITA's initiation of this investigation and the companion CV duty investigation.
See ITT's Online Archives or 11/02/09 news, 09110240, for BP summary of the affirmative preliminary CV duty determination.)
ITA contact - Alan Ray (202) 482-5403
ITA notice (FR Pub 12/23/09) available at http://edocket.access.gpo.gov/2009/pdf/E9-30536.pdf
ITA fact sheet available at http://ia.ita.doc.gov/download/factsheets/factsheet-prc-pcsws-prelim-121809.pdf