Steel Wire Rod: Details of AD/CV Duty Orders
The Commerce Department issued antidumping duty orders on carbon and alloy steel wire rod from Italy, South Korea, Spain, Turkey and the United Kingdom (A-475-836, A-580-891, A-469-816, A-489-831, A-412-826), and a countervailing duty order on finished carbon and alloy steel wire rod from Italy and Turkey (C-475-837, C-489-832).
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The orders set permanent antidumping and countervailing duties on carbon and alloy steel wire rod. Duties will remain in place unless revoked by Commerce, which may only take place under certain conditions, such as a sunset or changed circumstances review. Commerce will now begin conducting annual administrative reviews, if requested, to determine final assessments of AD/CV duties on importers and make changes to cash deposit rates.
Commerce has already issued antidumping duty orders on carbon and alloy steel wire rod from Russia, Belarus, the United Arab Emirates, South Africa and Ukraine (see 1801230028 and 1803130013).
The order details a "gap period" of no CV duty liability for subject merchandise entered Jan. 3, 2018, through May 17, 2018, and of no AD duty liability for subject merchandise entered April 29, 2018, through May 17, 2018. Commerce may only suspend liquidation for a four-month period after its preliminary CV duty determination, issued Sept. 5, 2017, and for six months after its preliminary AD duty determination, issued Oct. 31, 2017. Commerce will order CBP to liquidate, without regard to AD or CV duties, any entries during these respective gap periods. Subject merchandise entered during the CV duty gap period but outside the AD duty gap period (i.e., Jan. 4, 2018, through April 28, 2018) will only be assessed AD duties.
Refund of Retroactive Cash Deposits Collected on Turkey, Spain and the UK
Commerce will order the refund of all AD duty cash deposits collected on steel wire rod from Spain and the United Kingdom for subject merchandise entered before Oct. 31, 2017, as well as the refund of all CV duty cash deposits collected on steel wire rod from Turkey on entries prior to Sept. 5, 2017, because the ITC reversed Commerce's finding of critical circumstances and retroactive collection of cash deposits.
CV Cash Deposit Instructions
Commerce will require importers to pay CV duty cash deposits on subject merchandise from Italy and Turkey entered on or after May 17. CV duty cash deposits will be required at the following rates (as amended from Commerce's preliminary determination for Turkey):
Italy
| Company | CV Rate |
|---|---|
| Ferriere Nord S.p.A. (also includes FIN FER S.p.A.; Acciaierie di Verona S.p.A.; and SIAT S.p.A.) | 4.16% |
| Ferriera Valsider S.p.A | 44.18% |
| All Others | 4.16% |
Turkey
| Company | CV Rate |
|---|---|
| Habas Sinai Ve Tibbi Gazlar Istih | 3.88% (from 3.86%) |
| Icdas Celik Eberji Tersane Ve Ulasim San | 3.81% (unchanged) |
| All Others | 3.85% (from 3.84%) |
AD Cash Deposit Instructions
An AD cash deposit requirement is also in effect for subject merchandise from India and Italy entered on or after May 17. Commerce will instruct CBP to require, at the same time that importers deposit estimated duties, a cash deposit equal to the rates listed below (as amended from the final determinations for Spain and Turkey):
Italy
| Exporter | AD Rate |
|---|---|
| Ferriere Nord S.p.A./Acciaierie di Verona S.p.A | 12.41% |
| Ferriera Valsider S.p.A. | 18.89% |
| All others | 12.41% |
Spain
| Exporter/Producer | AD Rate |
|---|---|
| Global Steel Wire/ CELSA Atlantic SA/ Compania Espanola de Laminacion | 10.11% (from 11.08%) |
| ArcelorMittal Espana S.A. | 32.64% (unchanged) |
| All Others | 10.11% (from 11.08%) |
South Korea
| Exporter/Producer | AD Rate |
|---|---|
| POSCO | 41.1% |
| All Others | 41.1% |
United Kingdom
| Exporter/Producer | AD Rate |
|---|---|
| British Steel Limited | 147.63% |
| Longs Steel Longs Steel UK Limited | 147.63% |
| All Others | 147.63% |
Turkey
| Exporter | AD Rate | Adjusted* |
|---|---|---|
| Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. | 4.93% (from 4.74%) | 1.05% (from 0.87%) |
| Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. | 7.94% (unchanged) | 4.15% (unchanged) |
| All others | 6.44% (from 6.34%) | 2.59% (from 2.51%) |
*As adjusted for export subsidies found in concurrent CV duty proceedings.
ITC final injury determination (Federal Register 05/17/18) is available (here).
(See the notice for additional details, including the full scope description, etc. See 1803270014 for summary of the final AD duty determinations, and 1803270012 for summary of the final CV duty determination.)
(Federal Register 05/21/18)