NOES From Six Countries: Commerce to Require AD/CV Cash Deposits
New antidumping and countervailing duty cash deposit requirements are set to take effect on imports of non-oriented electrical steel from six countries, as the Commerce Department on Oct. 7 announced its affirmative preliminary determinations in the investigations. Commerce will set AD duties on NOES from China, Germany, Japan, South Korea, Sweden and Taiwan, and CV duties on NOES from China and Taiwan. It found no countervailable subsidization of NOES from South Korea.
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For China, preliminary AD/CV rates for all companies are 407.52% and 158.88%, respectively. For Taiwan, Commerce set preliminary AD rates at 27.54% to 52.23%, and CV rates at zero to 17.12%. Preliminary AD duty rates are 86.29% to 98.84% for Germany, 135.59% to 204.79% for Japan, 6.88% for South Korea, and 98.46% to 126.72% for Sweden.
AD/CV duty cash deposit requirements will take effect when Commerce publishes its preliminary determination in the Federal Register. Commerce will make suspension of liquidation and cash deposit requirements retroactive 90 days from the publication date for China, Sweden, and some companies from Germany and Japan. Suspension of liquidation and cash deposit requirements for the other German and Japanese companies, as well as all companies from South Korea and Taiwan, will take effect on the date of publication. ITT will have more details when the preliminary determination is published.