The Commerce Department published notices in the Federal Register March 2 on the following AD/CV duty 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 Commerce Department is extending until May 31 the deadline for its preliminary determinations in the countervailing duty investigation on certain steel nails from India (C-533-905), Oman (C-523-817), Sri Lanka (C-542-805), Thailand (C-549-845) and Turkey (C-489-847), it said in a notice released March 2. The preliminary determination had been due by March 25 (see 2201260027). The agency decided to postpone after the petitioner that requested the investigation, Mid Continent Steel & Wire, asked for an extension. Cash deposits of estimated CV duties can be collected only after the preliminary determination, although cash deposits can be made retroactive 90 days from the preliminary determination if Commerce finds “critical circumstances.”
The Commerce Department issued the preliminary results of a countervailing duty administrative review of cold-drawn mechanical tubing of carbon and alloy steel from India (C-533-874). This review covers subject merchandise from the exporters under review entered during the period Jan. 1, 2020, through Dec. 31, 2020.
The Commerce Department is issuing antidumping and countervailing duty orders on collated pentafluoroethane (R-125) from China (A-570-137/C-570-138). The orders, set for publication March 3, set permanent antidumping and countervailing duties, which will remain in place unless revoked by Commerce in a sunset or changed circumstances review. Commerce will now begin conducting annual administrative reviews, if requested, to determine final assessments of AD/CVD on importers and make changes to cash deposit rates.
The Commerce Department and the International Trade Commission published the following Federal Register notices March 2 on AD/CVD proceedings:
The Commerce Department issued the preliminary results of its countervailing duty administrative review on cut-to-length carbon-quality steel plate from South Korea (C-580-837). The agency preliminarily assigned a zero percent CV duty rate to Hyundai Steel Company, and a 0.56% rate to Dongkuk Steel Mill Co., Ltd. If the agency's findings are continued in the final results of these reviews, importers of subject merchandise from Hyundai Steel entered Jan. 1, 2020, through Dec. 31, 2020, will not be assessed CV duties, and importers of subject merchandise from Dongkuk Steel Mill will be assessed CV duties at a rate of 0.56%. Any changes to cash deposit rates for these two companies would take effect on the date of publication in the Federal Register of the final results of this review, due in July.
The Commerce Department published notices in the Federal Register March 1 on the following AD/CV duty 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 Commerce Department and the International Trade Commission published the following Federal Register notices March 1 on AD/CVD proceedings:
Universal Display’s disclosure on its Q4 earnings call last week that it was on track to meet preliminary target specs with its phosphorescent blue emissive OLED system by year-end, enabling the introduction of the first commercial products in 2024 (see 2202240001), “thrilled investors,” reported Display Supply Chain Consultants Monday. The disclosure drove Universal’s shares nearly 23% higher Thursday “when many stocks tanked because of Russia’s invasion of Ukraine,” it said. The addition of blue to Universal’s “portfolio” has the potential to dramatically improve its revenue and speed “the entire sector of OLED displays,” said DSCC. Universal had never previously “given a timeline for introduction of phosphorescent blue,” it said. “A more efficient blue emitter makes OLED more energy efficient and therefore a more attractive display for all applications, especially mobile.”
LG and Dolby reached an out-of-court settlement on LG’s allegations that Dolby reneged on its ATSC commitments to license its NextGenTV AC-4 audio codec patents on fair, reasonable and nondiscriminatory terms (see 2201060058), said an LG stipulation filed Friday in U.S. District Court in Manhattan. LG was seeking a preliminary injunction and 14-day temporary restraining order to bar Dolby from terminating its AC-4 license, apparently over disputed royalty audio reports. LG and Dolby each agreed to pay its own attorneys’ costs, said the stipulation.