The International Trade Administration issued the preliminary results of its antidumping duty administrative review of silicon metal from China (A-570-806). The ITA preliminarily found that the only company being reviewed, Shanghai Jinneng International Trade Co., Ltd., had no shipments to the U.S. during the period of review. If this finding is confirmed in the final results, the ITA will maintain Shanghai Jinneng's AD cash deposit rate at the level set in previous reviews. These preliminary results are not in effect. The ITA may modify them in the final results of this review and change the estimated AD cash deposit rates for this company.
The International Trade Administration initiated a antidumping duty new shipper review for wooden bedroom furniture from China (A-570-890) at the request of Dongguan Chengcheng Furniture Co., Ltd. for merchandise it produces and exports to the U.S. The ITA will determine if Dongguan Chengcheng is eligible for an estimated AD cash deposit rate other than the China-wide entity rate it currently receives.
State regulators were critical of AT&T’s proposal to implement wire center trials where certain legacy regulations would be lifted. Their opinions came in early reply comments posted Monday in WC docket 12-353. Sprint Nextel also opposed the proposal, arguing the pro-competitive provisions in the 1996 Telecom Act are technology-neutral. Intel said it supported the proposal as a way to test the effect of deregulation.
Barnes & Noble declined to say Monday if it’s losing money on each Nook device it sells. The retail chain lost $100 million on Nook devices in the last year alone and is selling the hardware “at a loss to remain competitive,” Janney Capital Markets analyst David Strasser said Monday. The estimated loss doesn’t include the “significant” selling, general and administrative expenses for Nook development and ads, he said. B&N is spending a huge amount of money to “pump out new hardware products,” he said. It reported a loss of more than $50 million in the total Nook Media business for each of the past three quarters.
Barnes & Noble declined to say Monday if it’s losing money on each Nook device it sells. The retail chain lost $100 million on Nook devices in the last year alone and is selling the hardware “at a loss to remain competitive,” Janney Capital Markets analyst David Strasser said Monday. The estimated loss doesn’t include the “significant” selling, general and administrative expenses for Nook development and ads, he said. B&N is spending a huge amount of money to “pump out new hardware products,” he said. It reported a loss of more than $50 million in the total Nook Media business for each of the past three quarters.
The International Trade Administration published notices in the Feb. 25 Federal Register on the following AD/CV proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms, or effective dates will be detailed in another ITT article):
The International Trade Administration issued its final affirmative countervailing duty determination on drawn stainless steel sinks from China (C-570-984). Although this final determination takes effect Feb. 26, ITA will only require CV cash deposits of estimated CV duties if it issues a CV order.
The International Trade Administration issued its final affirmative antidumping duty determination on drawn stainless steel sinks from China (A-570-983). AD rates fell for all separate rate respondents, but remained the same for the China-wide entity. The final determination is effective Feb. 26.
Laminated woven sacks screen that have three or more colors but are printed with two inks are not circumventing the antidumping and countervailing duty orders on laminated woven sacks from China (A-570-916 / C-570-917), said the International Trade Administration in its final results of a circumvention inquiry.
Steel threaded rod produced by Gem-Year Industrial Co. Ltd. is circumventing the antidumping duty order on imports of the product from China (A-570-932), said the ITA in its final circumvention determination. Gem-Year’s rod meets the AD duty order’s scope requirements in every way except for the amount of chromium, which is above the 1.25 percent threshold specified in the scope. As in the preliminary determination, the ITA found the distinction too minor to support exclusion.