Chesterton Tribune



Feds: Thailand dumped steel threaded rod in US

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The U.S. Department of Commerce (DOC) is announcing an affirmative final determination in the antidumping duty (AD) investigation of imports of carbon and alloy steel threaded rod from Thailand.

DOC’s finding, according to a statement released on Wednesday: that exporters from Thailand have sold carbon and alloy steel threaded rod at less than fair value in the U.S. at a rate of 20.83 percent.

“Upon publication of the final affirmative antidumping determination, Commerce will instruct U.S. Customs and Border Protection to continue to collect cash deposits equal to the final applicable dumping rate,” DOC said.

In 2018, imports of carbon and alloy steel threaded rod were valued at an estimated $5.3 million.

The petitioner is Vulcan Threaded Products Inc. (Pelham, AL).

“Antidumping and countervailing duty laws provide American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of the unfair pricing of imports into the United States,” DOC said. “Commerce currently maintains 498 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade.”

The U.S. International Trade Commission (ITC) is currently scheduled to make its final injury determination on or about Nov. 29. If the ITC reaches an affirmative final injury determination, Commerce will issue an AD order. If the ITC reaches a negative final determination of injury, the investigation will be terminated and no order will be issued.




Posted 10/17/2019




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