Korea Diamond Sawblades: Final Results of AD Admin Review
The International Trade Administration issued the final results of the antidumping duty administrative review of diamond sawblades and parts thereof from Korea (A-580-855). The final results had been long-delayed; after the December 2011 preliminary results, the ITA began investigating fraud allegations related to false country of origin markings against two Korean companies. The investigations also affected the timetable for the administrative review of diamond sawblades from China. In the end, the ITA found the data submitted by the two companies reliable.
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!
Because the ITA revoked this AD duty order effective Oct. 24, 2011, no cash deposits will be required on subject merchandise. The ITA found that Korean companies dumped subject merchandise at the following rates:
| Exporter | AD Rate (adjusted) |
|---|---|
| Ehwa Diamond Industrial Co., Ltd. | 11.9% |
| Hyosung Diamond Industrial Co., Ltd. / Western Diamond Tools Inc. / Hyosung D&P Co., Ltd. | 120.9% |
| Shinhan Diamond Industrial Co., Ltd. / SH Trading, Inc. | 3.76% |
(The review period is 01/23/09 -- 10/31/10. See ITA's notice for more information, including the scope of the order, detailed assessment instructions, etc. See ITT's Online Archives 11120711 for summary of the preliminary results of this administrative review.)
ITA Contact -- Sergio Balbontin (202) 482-6478
(FR Pub 02/20/13)