China Carbon and Alloy Steel Threaded Rod: Prelim Results of CV Admin Review
The Commerce Department released the preliminary results of a countervailing duty administrative review of carbon and alloy steel threaded rod from China (C-570-105). This review covers subject merchandise from the exporters under review entered during the period July 29, 2019, through Dec. 31, 2020.
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Liquidation 'as Entered' for Entries From Exporters Not Subject to Review
Only the exporters for which an administrative review was requested are covered by this review. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Message # 1201401).
Commerce is ending the review for 18 companies because all requests for their review were withdrawn. Entries during the period of review from these 18 companies will also be liquidated as entered, as follows: Cooper & Turner (Ningbo) International Trading Co., Ltd.; EC International (Nantong) Co., Ltd.; Haiyan Qinshan Rubber Factory; IFI & Morgan Ltd.; Jiaxing Genteel Import & Export Co., Ltd.; Nantong Runyou Metal Products Co., Ltd.; Ningbo Qunli Fastener Manufacture Co., Ltd.; Ningbo Shareway Import & Export, Co., Ltd.; Ningbo Xingsheng Oil Pipe Fittings Manufacture Co., Ltd.; Ningbo Zhenghai Yongding Fastener Co., Ltd.; Ningbo Zhenghai Yongding Fasteners Manufacture Co., Ltd.; Ningbo Zhenhai Zhongbiao Standard Parts Factory; RMB Fasteners Ltd.; Zhejiang Cooper & Turner Fasteners Co., Ltd.; Zhejiang Golden Automotive Fastener Co., Ltd; Zhejiang Heiter Mfg & Trade Co., Ltd.; Zhejiang Huiyou Import & Export Co., Ltd.; and Zhejiang Morgan Brother Technology Co., Ltd.
Cash Deposit Requirements
For companies that remain subject to review, new CV duty cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following CV duty cash deposit rates:
| Producer/Exporter | 2019 Rate* | CV Rate |
|---|---|---|
| Ningbo Zhongjiang High Strength Bolts Co., Ltd. | 8.36% | 7.65% |
| Zhejiang Junyue Standard Part Co., Ltd. / Jiaxing Chengyue Trading Co., Ltd. / Haiyan County Brothers Paper Industry Co., Ltd. | 7.22% | 7.97% |
| Ningbo Dingtuo Imp. & Exp. Co., Ltd. | 7.95% | 7.75% |
| Ningbo Dongxin High-Strength Nut Co., Ltd. | 7.95% | 7.75% |
| Ningbo Jinding Fastening Piece Co., Ltd. | 7.95% | 7.75% |
*This rate is for assessment purposes only for subject merchandise entered July 29, 2019, through Dec. 31, 2019. The rate listed in the “CV Rate” column is the assessment rate for entries in calendar year 2020, as well as the CV rate for cash deposit purposes.
(The period of review is 07/29/19 - 12/31/20. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)