China Steel Threaded Rod: Final Results of AD Admin Review
The Commerce Department issued the final results of the antidumping duty administrative review on steel threaded rod from China (A-570-932) (here). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered April 1, 2014, through March 31, 2015.
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New Cash Deposit Rates Take Effect Nov. 22
New cash deposit rates take effect for subject merchandise produced or exported by the companies under review, entered on or after Nov. 22, as follows:
| Exporter | AD Rate |
|---|---|
| IFI & Morgan Ltd. and RMB Fasteners Ltd. | zero |
| Zhejiang New Oriental Co., Ltd. | 11.07% |
China-wide entity. Commerce also found the following companies did not demonstrate independence from Chinese government control, assigning them to the China-wide entity with a rate of 206%: Brother Holding Group Co., Ltd.; Jiaxing Xinyue Standard Part Co., Ltd.; Zhejiang Heiter Industries Co., Ltd.; Zhejiang Heiter MFG & Trade Co., Ltd.; Zhejiang Junyue Standard Part Co., Ltd.; and Zhejiang Morgan Brother Technology Co., Ltd.
For exporters of subject merchandise that were not under review (i.e., all except IFI/RMB, New Oriental and the China-wide companies), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate the China-wide rate of 206% applies.
Assessment Rates
As a result of RMB/IFI's zero rate, Commerce will direct CBP to liquidate subject merchandise exported by Fushin Jinly, with a time of entry between April 1, 2014, and March 31, 2015, without regard to AD duties. Commerce will calculate importer-specific rates for entries from New Oriental. Entries from the China-wide entity companies listed above will be liquidated at the 206% China-wide rate.
(The review period is 04/01/14 -- 03/31/15. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 1605120021 for summary of the preliminary results of this administrative review.)
AD/CVD Operations contact -- Andrew Devine (202) 482-0238
(Federal Register 11/22/16)