India Steel Threaded Rod: Prelim AD Cash Deposit Rates Take Effect, Retroactive 90 Days for Babu
The Commerce Department made a preliminary affirmative antidumping determination that steel threaded rod from India (A-533-855) is being sold in the U.S. at less than fair value. The agency will impose AD duty cash requirements on all Indian companies, and will make cash deposits on entries from Babu Exports retroactive 90 days because of a preliminary finding of "critical circumstances." For Babu, AD duty cash deposits will be required for entries beginning Nov. 20. For Mangal Steel and all other Indian exporters, these rates take effect Feb. 18.
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AD Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise from India from Baby Exports that are entered, or withdrawn from warehouse, for consumption on or after Nov. 20. Suspension of liquidation and AD duty cash deposit requirements for Mangal Steel and all other exporters of subject merchandise take effect Feb. 18. The preliminary AD cash deposit rates are as follows, adjusted by the amount of CV duties required by Commerce (see 13121825):
| Exporter/Manufacturer | Prelim AD Rate (adjusted) |
| Mangal Steel Enterprises Limited1 | 0.5% |
| Babu Exports | 105.18% |
| All Others | 0.5% |
1Includes Corona Steel Industries Private Limited.
(The period of investigation is 04/01/12 - 03/31/13. See Commerce's notice for more information, including the scope (unchanged from the initiation), suspension of liquidation, detailed cash deposit instructions, etc. See 13072327 for summary of initiation of this investigation.)
AD/CVD Operations contact -- Paul Stolz (202) 482-4474
(Federal Register 02/18/14)