Brass Rod: Prelim CV Cash Deposit Rates Take Effect for India, Israel, South Korea
Suspension of liquidation and countervailing duty cash deposit requirements take effect Sept. 29 for imports of brass rod from India (C-533-916), Israel (C-508-815) and South Korea (C-580-917), after the Commerce Department found illegal subsidization in preliminary determinations published that day as part of its ongoing CVD investigations.
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Commerce also is conducting antidumping duty investigations on brass rod from India, Israel and South Korea, as well as from Brazil, Mexico and South Africa. The agency's preliminary AD investigations are due Nov. 24.
Commerce calculated a zero percent AD rate for one exporter, Booyoung Industry, in its preliminary determination for South Korea. Booyoung will not be subject to suspension of liquidation or cash deposit requirements until further notice. If Commerce continues to set a zero rate for Booyoung (or any other exporters) in its final determination, any merchandise both produced and exported by Booyoung will be exempt from any CV duty order issued in connection with this investigation. Suspension of liquidation for Booyoung may still apply for AD purposes should Commerce find dumping for Booyoung in its upcoming preliminary AD determination.
Scope Modified to Specify Inclusion of Hollow Profiles
Commerce is modifying the scope of these AD/CVD investigations to clarify that solid brass hollow profiles are covered by the scope. "The use of the word 'solid' in the scope was not meant to exclude solid brass hollow profiles but, rather, to describe brass rod products made from brass metal that is solid, i.e., not porous," it said in a memo on the change. The new scope language is as follows:
"Brass rod cross-sections may be round, hexagonal, square, or octagonal shapes as well as special profiles (e.g., angles, shapes), including hollow profiles."
CV 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Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, for consumption on or after Sept. 29. It will require CV duty cash deposits at the following rates:
India
| Producer/Exporter | CV Rate |
|---|---|
| Rajhans Metals Private Limited (RMPL) | 3.03% |
| All Others | 3.03% |
Israel
| Producer/Exporter | CV Rate |
|---|---|
| Finkelstein Metals Ltd | 5.26% |
| All Others | 5.26% |
South Korea
| Producer/Exporter | CV Rate |
|---|---|
| Booyoung Industry | zero |
| Daechang Co. Ltd. / Essentech Co., Ltd. / Seowon Co., Ltd. / Taewoo Co., Ltd. / IN Steel Industry Co., Ltd. / Affiliate A* | 2.57% |
| All Others | 2.57% |
*Daechang requested confidential treatment of the identity of this affiliate, and Commerce said it will make a final decision on whether the company should remain anonymous prior to issuing its final determination.
(The period of investigation is 01/01/22 - 12/31/22 for Israel and South Korea, and for India it's 04/01/22 - 03/31/23. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2305230039 for a summary of the initiation of these CV duty investigations.)