China Steel Cylinders: Fact Sheet Announces Prelim CV Rates

The International Trade Administration has issued a fact sheet announcing its affirmative preliminary determination in the countervailing duty investigation of high pressure steel cylinders from China (C-570-978). As a result of this preliminary determination, the ITA will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on the preliminary CV margin of 22.34% for mandatory respondent Beijing Tianhai Industry Co., Ltd. and all other Chinese producers/exporters. The ITA's final CV determination is due in February 2012 and the final International Trade Commission injury determination is due in April 2012.