Chesterton Tribune

 

 

Feds find Thai steel threaded rod dumped here

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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.

 

 

Posted 8/2/2019

 

 
 
 

 

 

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