Steel Wire Rod: Commerce Issues AD Duty Final Determinations for Five Countries
The Commerce Department issued its final determinations in the antidumping duty investigations on carbon and alloy steel wire rod from Italy (A-475-836), South Korea (A-580-891), Spain (A-469-816), Turkey (A-489-831) and the United Kingdom (A-412-826).
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The next step is for the International Trade Commission to make its final injury determination, currently scheduled for May 3. 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 final determinations in its concurrent countervailing duty investigations on steel wire rod from Italy and Turkey (see 1803270012). Commerce has already issued AD duty orders on steel wire rod from Belarus, Russia, South Africa, Ukraine and the United Arab Emirates (see 1801230028 and 1803130013).
Critical Circumstances for Some Argentine Companies, Cash Deposits Retroactive 90 Days
Commerce continued to find that one exporter of steel wire rod from Spain (ArcelorMittal Espana), and all exporters of steel wire rod from the United Kingdom, 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. The agency will continue to order retroactive suspension of liquidation and require AD duty cash deposits for subject merchandise from these companies to 90 days before the preliminary determination, i.e., Aug. 2, 2017. Subject merchandise from the other companies covered by these investigations is still subject to AD duty suspension of liquidation beginning 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Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, on or after the dates listed in the tables below, and require cash deposits at the following rates: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 | 12.41% (from 12.58%) | 10/31/17 |
| Ferriera Valsider S.p.A. | 18.89% (unchanged) | 10/31/17 |
| All others | 12.41% (from 12.58%) | 10/31/17 |
Spain
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| Global Steel Wire/ CELSA Atlantic SA/ Compania Espanola de Laminacion | 11.08% (from 10.61%) | 10/31/17 |
| ArcelorMittal Espana S.A. | 32.64% (unchanged) | 08/02/17 |
| All Others | 11.08% (from 10.61%) | 10/31/17 |
South Korea
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| POSCO | 41.1% (from 40.8%) | 10/31/17 |
| All Others | 41.1% (from 40.8%) | 10/31/17 |
United Kingdom
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| British Steel Limited | 147.63% (from 41.96%) | 08/02/17 |
| Longs Steel Longs Steel UK Limited | 147.63% (unchanged) | 08/02/17 |
| All Others | 147.63% (from 41.96%) | 08/02/17 |
Turkey
| Exporter | AD Rate | Adjusted* | Sus. Liq. |
|---|---|---|---|
| Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. | 4.74% (from 2.8%) | 0.87% | 10/31/17 |
| Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. | 7.94% (from 8.01%) | 4.15% (from 8.01%) | 10/31/17 |
| All others | 6.34% (from 5.41%) | 2.51% (from 5.31%) | 10/31/17 |
*As adjusted for export subsidies found in Commerce's concurrent CV duty investigation on Turkey.
(The period of investigation is 01/01/16 - 12/31/16. See Commerce’s notice for more information, including the scope of the investigation (unchanged), detailed instructions on cash deposit rates, etc. See 1710300025 for a summary of the preliminary determination of this investigation, as subsequently amended (see 1712200016, 1712070031 and 1711270013).
(Federal Register 03/28/18)