China Steel Wheels: Preliminary CV Rates to Begin
The International Trade Administration has issued its preliminary affirmative countervailing duty determination for certain steel wheels from China (C-570-974), which sets the estimated CV cash deposit/bond rates for the three 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.
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Preliminary CV Cash Deposit/Bond Rates
| Listed Companies as "Producer and Exporter" and All Others Rate | Estimated CV Rate |
| Jining Centurion Wheel Manufacturing Co., Ltd. (Centurion) and Jining CII Wheel Manufacture Co., Ltd. (Jining CII) (collectively the Centurion Companies) | 26.24% |
| Shandong Xingmin Wheel Co., Ltd. (Xingmin) and Sino-tex (Longkou) Wheel Manufacturers Inc. (Sino-tex) (collectively, the Xingmin Companies) | 35.62% |
| Zhejiang Jingu Automobile Components (Zhejiang Jingu), Chengdu Jingu Wheel Co., Ltd. (Chengdu), Zhejiang Wheel World Industrial Co., Ltd. (Zhejiang Wheel World), and Shanghai Yata Industrial Co., Ltd. (Shanghai Yata) (collectively the Jingu Companies) | 46.59% |
| All Others Rate | 40.30% |
(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 in the AD preliminary determination; the complete CV estimated cash deposit/bond instructions, etc.
See ITT's Online Archives or 08/31/11 news, 11083114, for BP summary of the announcement of this determination. See ITT’s Online Archives or 08/18/11 news, 11081804, for BP summary of the postponement of the AD preliminary determination to October 26, 2011.)
ITA contact -- John Conniff (202) 482-1009
(FR Pub 09/06/11, C-570-974)