UAE Steel Nails: Final AD Rates Announced

March 21, 2012 by Brian Feito|AD/CV - Patent

The International Trade Administration issued a fact sheet on May 20, 2012 announcing its affirmative final determination in the antidumping duty investigation of certain steel nails from the UAE (A-520-804). According to the ITA’s fact sheet, the mandatory respondents Dubai Wire FZE and Precision Fasteners LLC received AD rates of 6.29% and 2.8%, respectively, while Tech Fast International Ltd. received an AD rate of 184.41% as a result of the ITA’s application of adverse facts available. All other UAE producer/exporters received a preliminary AD margin of 4.55%. As a result of the final determination, the ITA will instruct U.S. Customs and Border Protection to continue to collect a cash deposits or bonds equal to these AD rates.

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(See ITT’s Online Archives 11042734 for summary of the initiation of this investigation, and 11110313 for summary of the preliminary determination, which preliminarily found AD rates ranging from 19.23% to 61.54%.)