The US rescinds an administrative review of the anti-dumping duty order on steel nails from Viet Nam. — Photo kinhtedothi.vn The International Trade Administration, under the US Department of Commerce (DOC), has rescinded an administrative review of the anti-dumping duty order on certain steel nails from Viet Nam. The review was meant for nails manufactured in Viet Nam between July 1, 2016 and June 30, 2017. On September 13 last year, DOC published in the Federal Register a notice of initiation of an administrative review covering each of the 19 producers or exporters named by Mid Continent Steel and Wire, Inc. in its July 31 review request. However, on September 28, the petitioner withdrew its review request for each of the 19 companies. Pursuant to 19 CFR 351.213(d)(1), DOC will rescind an administrative review, in whole or in part, if the party, or parties, that requested a review withdraws the request within 90 days of the publication of the notice of initiation of the requested review. As MidContinent Steel and Wire, Inc. withdrew its request for review by the 90-day deadline, and no other party had requested an administrative review of this order, the department has decided to rescind the review. DOC will instruct US Customs and Border Protection (CBP) to assess the countervailing duties on all appropriate entries at rates equal to the cash deposit of estimated anti-dumping duties required at the time of entry, or withdrawal from warehouse, for consumption, during the period. DOC plans to issue guidelines… [Read full story]
The US Department of Commerce has cancelled a review of the countervailing duty order on steel nails from Viet Nam for the period January 1-December 31, 2016.The rescission notice was issued last week.The department received a request from Mid Continent Steel & Wire Inc. to conduct an administrative review of the countervailing duty order with respect to 14 companies from Viet Nam on July 31.Based on this request, the department published a notice of initiation of administrative review for this order on September 13. But on September 28, the petitioner withdrew its request for all 14 companies, so the department…... [read more]
The DOC is conducting an administrative review of the antidumping duty order on certain steel nails from Vietnam, with the period of review set between December 29, 2014 and June 30, 2016.The Department preliminarily determined that Truong Vinh Ltd. (Truong Vinh), Rich State, Inc. (Rich State), and Dicha Sombrilla Co., Ltd. (Dicha Sombrilla) did not demonstrate their eligibility for a separate rate, and therefore the DOC considers them to be part of the Vietnam-wide entity.In addition, Mid Continent Steel & Wire, Inc. (the petitioner) withdrew its request for a review of eight of the companies and the DOC is rescinding…... [read more]
The DOC explained that Mid Continent Steel & Wire, Inc. (the petitioner) withdrew its request for a review of eight out of 11 targeted companies, while no other party requested a review of these eight companies.The DOC said it also intends to rescind the review of one of the three remaining companies as there is no evidence the company exported the products to the US during the period of review (POR).As a result of this review, the Department preliminarily determined the countervailable subsidy rates to be 313.97% for the remaining two companies during the POR from November 3, 2014 to…... [read more]
The DOC decision says on May 29 US producer Mid Continent Steel & Wire, Inc. lodged a petition for an AD and CVD investigation into steel nails imported from the seven aforementioned countries, alleging that these products were materially injuring the US industry.According to the Vietnam Competition Authority (VCA), the US firm is accusing the imports of having a dumping margin of 323.99% and an estimated subsidy that surpasses the minimum level.As scheduled, the US International Trade Commission (ITC) will issue its preliminary determination of material injury or threat of material injury within 45 days, or no later than July…... [read more]
In its preliminary decision, the DOC concluded that all imports of steel nails of less than 12 inches from Vietnam will be subject to an 8.35% countervailing import duty rate, with a de minimis exception for small inconsequential imports that are too small to require collection.The petitioner for these investigations was Mid Continent Steel & Wire, Inc. of Missouri which lodged a countervailing duty complaint against steel nail imports from Vietnam, the Republic of Korea, Malaysia, Oman and Taiwan (China).The DOC began its investigation on June 18, 2014 on steel nails imported January 1-December 30, 2013.This has been the fifth countervailing duty…... [read more]