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