China Steel Threaded Rod: Prelim Results of AD Admin Review
The Commerce Department issued the preliminary results of its antidumping duty administrative review on steel threaded rod from China (A-570-932) (here). The agency preliminarily found all nine companies under review did not prove independence from state control, and tentatively assigned them to the China-wide entity with an AD rate of 206%.
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.
The nine companies under review are: Fastco (Shanghai) Trading Co., Ltd.; Gem-Year Industrial Co., Ltd.; Haiyan Dayu Fasteners Co., Ltd.; Jiaxing Brother Standard Part Co., Ltd., IFI & Morgan Ltd. and RMB Fasteners Ltd. (the ‘RMB/IFI Group’); Jiaxing Brother Standard Part.; Midas Union Co., Ltd.; New Pole Power System Co. Ltd.; Shanghai P&J International Trading Co., Ltd.; and Zhejiang Morgan Brother Technology Co. Ltd.
If Commerce adopts this finding in its final results, it will set these nine companies' cash deposit rates at 206% (effective on the publication date of the final results), and also liquidate any subject merchandise from the nine companies entered from April 2013 through March 2014 at that rate.
These AD duty rates are only preliminary, and do not change current AD duty rates. For now, the most recent final AD rate calculated for each company is still applicable. If no final AD duty rate has ever been calculated for a company, then it is subject to the China-wide rate of 206%. The final results of this administrative review are currently due in September.
(The period of review is 04/01/13 -- 03/31/14. See notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)
AD/CVD Operations contact -- Julia Hancock (202) 482-1394
(Federal Register 05/07/15)