Steel Wire Rod: Prelim AD Cash Deposit Rates Take Effect for Seven Countries
The Commerce Department made preliminary affirmative antidumping duty determinations that imports of carbon and alloy steel wire rod from Italy (A-475-836), Spain (A-469-816), South Korea (A-580-891), South Africa (A-791-823), the United Kingdom (A-412-826), Turkey (A-489-831) and Ukraine (A-823-816) are being sold in the U.S. at less than fair value. The agency will generally impose AD duty cash requirements on entries of subject merchandise beginning on Oct. 31, though cash deposit requirements take effect retroactively for South Africa, the UK and some Spanish companies beginning on Aug. 2.
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Commerce is also conducting AD duty investigations on steel wire rod from Belarus, Russia and the United Arab Emirates, and issued its preliminary determinations in those investigations in September (see 1709110016). Suspension of liquidation is already in effect for steel wire rod from Italy and Turkey, after Commerce issued its preliminary CV duty determinations for those countries on Sept. 5 (see 1709010017). Any orders issued as a result of these investigations would come on top of existing antidumping duty orders on steel wire rod from Brazil, China, Indonesia, Mexico, Moldova, and Trinidad and Tobago, and countervailing duty orders on steel wire rod from Brazil and China.
​Critical Circumstances for South Africa, UK, Spain; Cash Deposits Retroactive 90 Days
Commerce made a finding that all exporters of subject merchandise in South Africa and the UK, and some exporters from Spain, increased their exports to the U.S. in the months before the preliminary determination, in an attempt to get in as much product as possible before the imposition of cash deposit requirements. This "critical circumstances" finding by the agency allows it to retroactively suspend liquidation and require AD duty cash deposits for subject merchandise from these companies to 90 days before the preliminary determination, i.e., Aug. 2. Otherwise, AD duty suspension of liquidation and cash deposit requirements take effect on Oct. 31.
AD Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, on or after the dates listed in the tables below, and require cash deposits at the following rates:
Italy
| Exporter | AD Rate | Sus. Liq. |
|---|---|---|
| Ferriere Nord S.p.A./Acciaierie di Verona S.p.A | 22.06% | 10/31/17 |
| Ferriera Valsider S.p.A. | 22.06% | 10/31/17 |
| All others | 22.06% | 10/31/17 |
Spain
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| Global Steel Wire/ CELSA Atlantic SA/ Compania Espanola de Laminacion | 20.25% | 10/31/17 |
| ArcelorMittal Espana S.A. | 32.64% | 08/02/17 |
| All Others | 20.25% | 10/31/17 |
South Korea
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| POSCO | 10.09% | 10/31/17 |
| All Others | 10.09% | 10/31/17 |
South Africa
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| ArcelorMittal South Africa Limited, Scaw South Africa (Pty) Ltd. (also known as Scaw Metals Group), and Consolidated Wire Industries | 142.26% | 08/02/17 |
| All Others | 135.46% | 08/02/17 |
United Kingdom
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| British Steel Limited | 41.96% | 08/02/17 |
| Longs Steel Longs Steel UK Limited | 147.63% | 08/02/17 |
| All Others | 41.96% | 08/02/17 |
Turkey
| Exporter | AD Rate | Adjusted* | Sus. Liq. |
|---|---|---|---|
| Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. | 2.8% | 2.7% | 10/31/17 |
| Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. | 8.01% | 8.01% | 10/31/17 |
| All others | 5.41% | 5.31% | 10/31/17 |
*As adjusted for export subsidies found in Commerce's concurrent CV duty investigation on Turkey.
Ukraine
| Exporter | AD Rate | Sus. Liq. |
|---|---|---|
| ArcelorMittal Steel Kryvyi Rih | 44.03% | 10/31/17 |
| Public Joint Stock Company Yenakiieve Iron And Steel Works | 44.03% | 10/31/17 |
| All others | 34.98% | 10/31/17 |
(The period of investigation is 01/01/16 -- 12/31/16. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 1704250021 for summary of the initiation of this AD duty investigation, and 1703300012 for summary of the underlying petition.)
(Federal Register 10/31/17)