Commerce to Require AD Cash Deposits on China Steel Wire Rod, Retroactive for Some
The Commerce Department will require cash deposits of antidumping duties on alloy steel wire rod from China, after finding dumping by Chinese exporters in a preliminary determination announced Sept. 2 in a fact sheet. The agency calculated AD duty cash…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
deposit rates of 106.19%-110.25%. Commerce found "critical circumstances" in that some Chinese exporters increased exports of subject merchandise before the preliminary determination in an attempt to get as much product in as possible before duties were imposed, so Commerce will make suspension of liquidation and AD duty cash deposit requirements retroactive 90 days for all exporters except Hunan Valin, Shagang, and Rizhao. Suspension of liquidation and cash deposit requirements for Hunan Valin, Shagang, and Rizhao will take effect upon publication of Commerce’s preliminary determination in the Federal Register. ITT will have more details upon publication.