China Utility Scale Wind Towers: Prelim CV Rates Announced

The International Trade Administration issued a fact sheet on March 30, 2012 announcing its affirmative preliminary determination in the countervailing duty investigation of utility scale wind towers from China (C-570-982). According to the ITA’s fact sheet, mandatory respondent CS Wind China Co., Ltd., CS Wind Tech (Shanghai) Co., Ltd., and CS Wind Corporation received preliminary CV rates of 13.74%; mandatory respondent Titan Wind Energy (Suzhou) Co., Ltd. (Titan Wind), Titan Lianyungang Metal Products Co. Ltd. (Titan Lianyungang), Baotou Titan Wind Energy Equipment Co., Ltd. (Titan Baotou), and Shenyang Titan Metal Co., Ltd. (Titan Shenyang) received preliminary CV rates of 26%; and all other Chinese producers/exporters received a preliminary CV rate of 19.87%. As a result of the preliminary determination, the ITA will instruct U.S. Customs and Border Protection to collect a cash deposit based on these preliminary rates. Pursuant to the ITA's October 2011 final rule, no bond will be accepted in lieu of a cash deposit.