Commerce Begins AD/CVD Investigations on Steel Threaded Rod from India and Thailand
The Commerce Department is beginning antidumping duty investigations on steel threaded rod from India and Thailand, and a countervailing duty investigation on steel threaded rod from India, it said in a July 18 fact sheet. Three domestic producers requested the investigation June 27, alleging rapidly growing imports of steel threaded rod from Thailand and India are underselling U.S. industry, and pushing out domestic producers (see 13070207). They allege dumping margins of 17.93 to 119.87 percent and above de minimis subsidy rates for Indian exporters, and dumping margins of 63.16 to 74.9 percent for Thai exporters, the fact sheet said.
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The International Trade Commission is set to make its preliminary injury determination by Aug. 12. This AD duty investigation will only continue if the ITC finds injury. ITT will provide more details upon publication of the initiation notice in the Federal Register.