The U.S. Department
of Commerce (DOC) is announcing affirmative preliminary determinations in
the countervailing duty (CVD) investigations of imports of carbon and alloy
steel threaded rod from China and India.
DOC found that
exporters received countervailable subsidies ranging from 23.41 to 24.89
percent and 6.07 to 155.03 percent respectively.
Based on these
preliminary determinations, DOC will instruct U.S. Customs and Border
Protection to collect cash deposits from importers of carbon and alloy steel
threaded rod from China and India based on these preliminary rates.
In 2018, imports of
carbon and alloy steel threaded rod from China and India were valued at an
estimated $104.7 million and $35.8 million respectively, DOC said.
The petitioner is
Vulcan Threaded Products Inc. of Pelham, Ala.
DOC is currently
scheduled to announce its final CVD determinations on or about Dec. 4.
If DOC makes
affirmative final determinations, the U.S. International Trade Commission
(ITC) will be scheduled to make its final injury determinations on or about
Jan. 17, 2020. If Commerce makes affirmative final determinations in these
investigations, and the ITC makes affirmative final injury determinations,
DOC will issue CVD orders. If DOC makes negative final determinations, or
the ITC makes negative final determinations of injury, the investigations
will be terminated and no orders will be issued.