ITC Ends AD/CVD Investigations on Steel Nails From India and Turkey
Antidumping and countervailing duty investigations on steel nails from India and Turkey are set to end, after the International Trade Commission on July 11 voted in its preliminary injury determinations that imports from the two countries are too small to warrant duties. But AD/CV duty investigations on steel nails from South Korea, Malaysia, Oman, Taiwan, and Vietnam will continue after the ITC unanimously voted that there is a “reasonable indication” that dumped and subsidized imports from the countries are injuring U.S. industry.
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The Commerce Department will now make its preliminary CV and AD duty determinations, currently scheduled for August and November, respectively, at which point AD/CV duty cash deposits may be required on subject merchandise. Commerce initiated its investigation in June (see 14062414) based on a petition filed by Mid Continent Steel & Wire (see 14053027).