China Steel Cylinders: Preliminary CV Rates to Begin
The International Trade Administration has issued its preliminary affirmative countervailing duty determination on high pressure steel cylinders from China (C-570-978), which sets the estimated CV cash deposit/bond rate of 22.34% for mandatory respondent Beijing Tianhai Industry Co., Ltd., and its cross-owned companies Tianjin Tianhai High Pressure Corp., Ltd. and Langfang Tianhai High Pressure Container Co., Ltd. All other Chinese manufacturers/exporters also have a 22.34% rate.
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These rates, which are officially effective for subject merchandise with a time of entry on or after October 18, 2011, as well as the suspension of liquidation, are expected to be implemented by U.S. Customs and Border Protection soon. The ITA's final CV determination is due in February 2012.
(The period of investigation is 01/01/2010 -- 12/31/2010. See ITA's notice for more information, including the alignment of this CV investigation with its companion antidumping AD duty investigation, so both AD and CV final determinations will be issued on the same date, etc.
See ITT’s Online Archives 11060829 for BP summary of the initiation of this investigation and the companion AD duty investigation. See ITT's Online Archives 11071911 for BP summary of the ITA postponing the preliminary CV determination.
See ITT's Online Archives 11101348 for BP summary of an ITA fact sheet announcing these preliminary CV rates.)
ITA Contact -- Christopher Siepmann (202) 482-7958
(FR Pub 10/18/11, ITA Case No. C-570-978)