CAFC Issues Mandate in Case Rejecting PMS Adjustment to Sales-Below-Cost Test
The U.S. Court of Appeals for the Federal Circuit issued its mandate on March 30 in an antidumping duty case affirming that the Commerce Department cannot make a particular market situation adjustment to the sales-below-cost test. The petitioner, Welspun Tubular,…
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unsuccessfully requested a stay of the mandate so that it could appeal the matter to the Supreme Court (see 2203240063). The appellate court said that a stay of the mandate was not needed to preserve this right. In the case's opinion, the Federal Circuit said that Commerce can only make a PMS adjustment when calculating constructed value, affirming a long line of Court of International Trade decisions (see 2203220082) (Hyundai Steel Company v. United States, Fed. Cir. #21-1748).