China Steel Wire Rod: Details of AD Duty Order
The Commerce Department issued an antidumping duty order on carbon and certain alloy steel wire rod from China (A-570-012) (here). The agency said it will refund any cash deposit collected for subject merchandise entered June 10 through Sept. 7.
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With the issuance of this order, AD duties on steel wire rod from China become permanent, and can only be ended under certain conditions, like a sunset review or a changed circumstances review. Commerce will now begin conducting annual administrative reviews on exporters of subject merchandise, if requested, to determine final assessments of AD duties on importers and make changes to AD duty cash deposit rates.
Refund of AD Cash Deposits Collected June 10 - Sept. 7
Although Commerce found in its preliminary determination that "critical circumstances" existed for imports of steel wire rod from China, and made suspension of liquidation retroactive 90 days, the International Trade Commission decided in October to overrule that decision. As a result, Commerce will refund AD duty cash deposits collected on shipments entered between June 10, 2014 and Sept. 7, 2014. Cash deposit requirements for entries on or after Sept. 8 are still in effect.
AD Suspension of Liq Instructions
Suspension of liquidation will continue for all entries of subject merchandise entered on or after Sept. 8, the publication date of Commerce's preliminary determination.
AD Cash Deposit Instructions
An AD cash deposit requirement is also in effect for subject merchandise entered on or after Sept. 8. Commerce will instruct CBP to require, at the same time as importers deposit estimated duties, a cash deposit equal to the AD duty rates listed below (as adjusted for export subsidies; see Commerce's notice for unadjusted rates):
| Exporter | Producer | AD Rate |
|---|---|---|
| Rizhao Steel Wire Co., Ltd. | Rizhao Steel Wire Co., Ltd. | 93.18% |
| Hunan Valin Xiangtan Iron & Steel Co., Ltd. | Hunan Valin Xiangtan Iron & Steel Co., Ltd. | 93.18% |
| Jiangsu Shagang International Trade Co., Ltd. | Zhangjiagang Shajing Steel Co. Ltd. | 93.18% |
| Jiangsu Shagang International Trade Co., Ltd. | Zhangjiagang Runzhong Steel Co., Ltd. | 93.18% |
| Jiangsu Shagang International Trade Co., Ltd. | Zhangjiagang Hongxing Gaoxian Co., Ltd. | 93.18% |
| Jiangsu Shagang International Trade Co., Ltd. | Zhangjiagang Rongsheng Steel-Making Co., Ltd. | 93.18% |
| Jiangsu Shagang International Trade Co., Ltd. | Jiangsu Runzhong High-Tech Co., Ltd. | 93.18% |
| Jiangsu Shagang International Trade Co., Ltd. | Zhangjiagang Hongchang Gaoxian Co., Ltd. | 93.18% |
| China-wide Entity* | 97.24% |
ITC final injury determination (Federal Register 01/08/14) is available (here).(See notice for additional details, including the full scope description, etc. See 1412150066 for summary of the ITC's final affirmative injury vote, and 1411180012 for summary of Commerce’s final determination.)
AD/CVD Operations contact -- Karine Gziryan (202) 482-4081
(Federal Register 01/08/15)