China Steel Wire Rod: AD Rates Unchanged in Final Determination

The next step is for the International Trade Commission to make its final injury determination, currently scheduled for Dec. 26. 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.

Commerce also issued its final determination in the concurrent countervailing duty investigation on steel wire rod from China (see 1411180010).

Suspension of Liquidation Still Retroactive 90 Days for Some Companies

Commerce continued to find "critical circumstances" for companies in the China-wide entity (i.e., all companies except Rizhao Steel, Hunan Valin and Jiangsu Shagang), because these companies allegedly increased 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 for the China-wide companies entered on or after June 10, the date 90 days prior to the preliminary determination. Liquidation is still suspended for Rizhao Steel, Hunan Valin and Jiangsu Shagang for entries on or after Sept. 8.

Estimated AD Cash Deposit Rates Unchanged

Commerce will instruct CBP to require an AD cash deposit for all imports of subject merchandise from China equal to the following AD rates (as adjusted for export subsidies found in Commerce's concurrent final countervailing duty determination):

(The period of investigation is 07/01/13 -- 12/31/13. 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.)

AC/CVD Operations contact -- Brian Smith (202) 482-1766

(Federal Register 11/19/14)