The U.S. Department
of Commerce (DOC) is announcing an affirmative preliminary determination in
the antidumping duty (AD) investigation of imports of carbon and alloy steel
threaded rod from Thailand.
On Thursday (DOC)
issued its finding that exporters from Thailand have dumped steel threaded
rod in the U.S. at a margin of 20.83 percent.
As a result of
today’s decision, DOC will instruct U.S. Customs and Border Protection (CBP)
to collect cash deposits from importers of carbon and alloy steel threaded
rod from Thailand based on the preliminary rate noted above. Because DOC
also preliminarily determined that critical circumstances exist, it will
instruct CBP to begin suspending entries 90 days before the publication of
the preliminary determination in the Federal Register.
In 2018, imports of
carbon and alloy steel threaded rod from Thailand were valued at an
estimated $5.8 million.
The petitioner is
Vulcan Threaded Products Inc. of Pelham, Ala.
DOC is scheduled to
announce the final determination on or about Oct. 15. If its final
determination is affirmative, the U.S. International Trade Commission (ITC)
will be scheduled to make its final injury determination on or about Nov.
28. If Commerce makes an affirmative final determination of dumping, and the
ITC makes an affirmative final injury determination, Commerce will issue an
AD order. If Commerce makes a negative final determination of dumping, or
the ITC makes a negative final determination of injury, the investigation
will be terminated and no order will be issued.