Taiwan OCTG: Commerce Reverses on Error, Will Refund Cash Deposits; No AD Duties Yet
The Commerce Department will order the refund of antidumping duty cash deposits on oil country tubular goods from Taiwan (A-583-850), after the discovery of an error in its preliminary determination prompted the agency to drop AD duty rates for all Taiwanese companies to zero. Commerce had originally suspended liquidation and required cash deposits in February upon finding dumping of OCTG from Taiwan by Tension Steel (see 14022413), but the agency now says it committed a “major” error and the AD rate for Tension Steel should have been zero. With AD rates for all Taiwanese companies now set to zero, Commerce will also end suspension of liquidation for entries of Taiwan OCTG for the time being.
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Commerce will revisit the issue when it issues its final determination, and may at that point suspend liquidation and impose AD an duty cash deposit requirements if it finds dumping. If Commerce doesn't change its finding, then no AD duty order will be issued. Commerce’s final determination is currently due in July.
(The period of investigation is 07/01/12 - 06/30/13. See Commerce's notice for more information, including the scope (unchanged from the initiation), suspension of liquidation, cash deposit instructions, etc. See 13072625 for summary of initiation of this investigation.)
AD/CVD Operations contact -- Thomas Schauer (202) 482-0410
(Federal Register 04/03/14)