Update on US AD and CVD move on steel fasteners from China and Taiwan
02/10/2009 12:00
More details of the antidumping and countervailing duty investigation petitions filed against standard steel fasteners from China and Taiwan, including the scope and alleged dumping margins, have been released.
The petitioner defines the scope of the requested investigations as follows. The merchandise covered by the investigation consists of certain standard nuts, bolts and cap screws of steel other than stainless steel, whether or not coated. Bolts and cap screws covered by the investigation possess either a round shaped or hexagonal shaped head or having a shank or thread with a full or nominal diameter of six millimeters or more.
Merchandise covered by this investigation is classified in the Harmonized Tariff Schedule of the United States under subheadings: 7318.15.2030, 7318.15.2055, 7318.15.2065, 7318.15.8085 and 7318.16.0085. The petition alleges dumping margins for China ranging from 68.7% to 208.7% with a weighted average dumping margin of 145.04%. The petition alleges an average dumping margin for Taiwan of 73.8%.
The petition lists a number of alleged subsidy programs for China but does not quantify a CVD margin. The petition does not contain an allegation of critical circumstances, though the deadline for the petitioner to make a claim of critical circumstances is 21 days prior to the US Department of Commerce's final determination. The petition lists over 875 Chinese companies that are allegedly making and/or exporting standard steel fasteners.
The petition lists more than 600 companies that are allegedly importing these items into the United States.
from SteelOrbis
Saturday, 26 Sep 2009
Source: steelguru.com
Saturday, 26 Sep 2009
Source: steelguru.com
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