UAE Nails: Prelim Results of AD Admin Review
The Commerce Department issued the preliminary results of its antidumping duty administrative review on steel nails from the United Arab Emirates (A-520-804). The agency preliminarily assigned Precision Fasteners a high 184.41% penalty rate because of the company's alleged noncooperation. If these preliminary results are confirmed in the final results, all entries of subject merchandise between Nov. 3, 2011 and April 30, 2013 produced or exported by Precision Fasteners will be assessed AD duties at that rate.
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Rates Only Preliminary; Cash Deposit Rates From Previous Proceedings Still in Effect
These preliminary results are only preliminary, and are not in effect. Commerce may still change its calculations when it issues the final results of this administrative review. For now, the most recent final AD rate calculated for each USE company is still applicable. If no final AD duty rate has ever been calculated for a company, then it is subject to the all others rate of 4.3%. The final results of this administrative review are currently due in October.
Draft Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for some companies, beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following AD duty cash deposit rates:
| Company | AD Rate |
|---|---|
| Dubai Wire FZE | 3.88% |
| Precision Fasteners, L.L.C. | 184.41% |
Assessment Rates
As part of this administrative review, Commerce will also calculate the AD duties it will assess on importers for entries of subject merchandise entered between Nov. 3, 2011 and April 30, 2013. If these preliminary results are confirmed in the final results, Commerce would assess AD duties on importers of subject merchandise from Precision Fasteners at the 122.88% penalty rate. It would calculate importer-specific AD duties for nails exported by Dubai Wire.
(The period of review is 11/03/12 -- 04/30/13. See notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)
AD/CVD Operations contact -- Bryan Hansen (202) 482-3683
(Federal Register 06/24/14)