China Collated Staples: Final Results of CVD Admin Review
The Commerce Department has released the final results of its countervailing duty administrative review on collated steel staples from China (C-570-113). The agency calculated new CV duty cash deposit rates for the Chinese producers and exporters listed below. These final results will be used to set final assessments of CV duties on importers for entries during calendar year 2021.
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New Cash Deposit Rates Take Effect Dec. 22
New CV duty cash deposit rates for the producers and exporters still subject to his review take effect upon publication of these final results in the Federal Register, which is set for Dec. 22. Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate, and companies that never have been assigned a CVD rate will get the all-others rate. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Tianjin Hweschun Fasteners Mfg. Co. Ltd. | 50.58% |
| Ningbo Pacrim Manufacturing Co., Ltd. | 50.58% |
| Shanghai Jade Shuttle Hardware | 50.58% |
| Shaoxing Bohui Import Export Co., Ltd. | 50.58% |
| Youngwoo (Cangzhou) Fasteners Co., Ltd. | 50.58% |
(The period of review is 01/01/21 - 12/31/21. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2307070046 for a summary of the preliminary results of this administrative review.)