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Thailand Steel Threaded Rod: AD Rates Fall for Most in Final Determination

The Commerce Department issued its final determination in the antidumping duty investigation on steel threaded rod from Thailand (A-549-831). The agency made no changes to the preliminary rates, continuing to assign a punitive rate to Tycoons Worldwide for its alleged lack of cooperation. Commerce took the rate it applied to all other companies from an average of AD rates claimed by domestic industry in its original petition for AD duties. The final determination is effective March 14.

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The next step is for the International Trade Commission to make its final injury determination, currently scheduled for April 21. If the ITC finds injury, Commerce will issue an AD duty order and duties will be made permanent. If the ITC finds no injury, the investigation will be terminated and all cash deposits will be refunded.

Suspension of Liquidation Still Retroactive 90 Days

Commerce continued to find "critical circumstances" because Thai companies allegedly ramped up sales of subject merchandise in the U.S. during the run-up to the preliminary determination in an attempt to get in as much product as possible before duties were imposed. As such, it will order CBP to continue to suspend liquidation for all subject merchandise entered on or after Oct. 2, the date 90 days prior to the preliminary determination.

Estimated AD Cash Deposit Rates Unchanged

Commerce will instruct CBP to require an AD cash deposit for all imports of subject merchandise from Thailand equal to the following AD rates:

ExporterAD Rate
Tycoons Worldwide Group (Thailand) Public Co., Ltd.74.9%
All Others68.41%

(The period of investigation is 04/01/12 -- 03/31/13. See Commerce’s notice for more information, including the scope of the investigation (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, etc. See 13123010 for summary of the preliminary determination of this investigation.)

AC/CVD Operations contact -- Raquel Silva (202) 482-6475

(Federal Register 03/14/14)