China Galvanized Steel Wire: Preliminary CV Rates Begin
The International Trade Administration has issued its preliminary affirmative countervailing duty determination for galvanized steel wire from China (C-570-976), which sets the estimated CV cash deposit/bond rates for the four listed respondents and "All Others". These rates, which are officially effective for subject merchandise with a time of entry on or after September 6, 2011, as well as the suspension of liquidation, are expected to be implemented by CBP soon.
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
Preliminary CV Cash Deposit/Bond Rates
| Listed Companies as "Producer and Exporter" and All Others Rate | Estimated CV Rate |
| Tianjin Huayuan Metal Wire Products Co., Ltd.; Tianjin Tianxin Metal Products Co., Ltd.; and Tianjin Mei Jia Hua Trade Co., Ltd. (collectively, the Huayuan Companies) | 48.81% |
| M&M Industries Co. Ltd. | 48.90% |
| Shanghai Bao Zhang Industry Co. Ltd.; Anhui Bao Zhang Metal Products Co., Ltd.; and Shanghai Li Chao Industry Co., Ltd. (collectively, the Bao Zhang Companies) | 21.59% |
| Shandong Hualing Hardware and Tool Co., Ltd. (Shandong) | 253.07% |
| All Others Rate | 44.46% |
(See ITA’s notice for more information, including the alignment of this CV investigation with its companion antidumping duty investigation; the scope of the investigation and that the ITA will address the scope comments before the AD preliminary determination; the complete CV estimated cash deposit/bond instructions, including the AFA rate for Shandong; etc.
See ITT's Online Archives or 08/31/11 news, 11083112, for BP summary of the announcement of this determination. See ITT’s Online Archives or 08/04/11 news, 11080407, for BP summary of the ITA's postponement of the companion AD investigation to October 27, 2011.)
ITA contact -- Nicholas Czajkowski (202) 482-1395
(FR Pub 09/06/11, C-570-976)