China Nails: Final Results of AD Admin Review
The Commerce Department issued the final results of the antidumping duty administrative review on steel nails from China (A-570-909) (here). These final results will be used to set final assessments of AD duties on importers for entries from Aug. 1, 2012 through July 31, 2013.
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New Cash Deposit Rates Take Effect April 8
For entries on or after April 8, Commerce is setting new AD duty cash deposit rates. Companies that didn't get a rate in this review will continue to get the cash deposit rate set in the most recent previous administrative review, and companies that have never been assigned an AD rate will get the China-wide rate. The new rates are as follows:
| Exporter | AD Rate |
|---|---|
| The Stanley Works (Langfang) Fastening Systems Co., Ltd. / Stanley Black & Decker, Inc. | 13.19% |
| Xi’an Metals & Minerals Import & Export Co. Ltd. | 72.52% |
| Average Rate (for 20 companies) | 16.62% |
| China-wide rate | 118.04% |
Review average rate. Commerce assigned the 16.62% "average rate" to companies that were under review but not individually examined. See the notice for a full list.
China-wide rate. Companies subject to the China-wide rate now include Hebei Cangzhou New Century Foreign Trade Co., Ltd., among others.
Assessment Rates For Entries August 2012 - July 2013
Commerce is using the rates it calculated in these final results to calculate assessments of AD duties on importers of subject merchandise for entries from Aug. 1, 2012 through July 31, 2013.
(The review period is 08/01/12 -- 07/31/13. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 14092915 for summary of the preliminary results of this administrative review.)
AD/CVD Operations contact -- Matthew Renkey (202) 482-2312
(Federal Register 04/08/15)