Export Compliance Daily is a service of Warren Communications News.

Commerce to Require AD Cash Deposits on Nails From South Korea, Malaysia, Oman and Vietnam; Not Taiwan

The Commerce Department will set new antidumping duty cash deposit requirements on steel nails from South Korea, Malaysia, Oman, and Vietnam, it said in a Dec. 18 fact sheet announcing its preliminary determinations in the AD duty investigations (here). However,…

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no cash deposits will be collected on steel nails from Taiwan after Commerce found no dumping by exporters in the country, it said in the fact sheet. AD duty cash deposit rates will range from 2.13% to 12.38% for South Korea; 2.14% to 39.35% for Malaysia; 90.31% to 315.65% for Vietnam; and will be set at 9.07% for all Omani exporters. ITT will have more details when Commerce publishes its preliminary determination in the Federal Register.