Venezuela Ferrosilicon: AD Rates Fall in Final Determination
The Commerce Department issued its final determination in the antidumping duty investigation on ferrosilicon from Venezuela (A-307-824). The agency decreased AD duty cash deposit rates across the board for all Venezuelan exporters. Changes to AD duty cash deposit requirements take effect July 31.
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The next step is for the International Trade Commission to make its final injury determination, currently scheduled for Sept. 7. If the ITC finds injury, Commerce will issue an AD duty order and duties will be made permanent. If the ITC finds no injury, the investigation will be terminated and all cash deposits will be refunded.
Estimated AD Cash Deposit Rates Fall
Commerce will instruct CBP to continue to suspend liquidation of ferrosilicon from Venezuela, and require an AD cash deposit for all imports of subject merchandise from Venezuela equal to the following AD rates:
Exporter | AD Rate |
FerroAtlantica de Venezuela | 22.84% (from 27.27%) |
All Others | 22.84% (from 27.27%) |
(The period of investigation is 07/01/12 -- 06/30/13. See Commerce’s notice for more information, including the scope of the investigation (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, etc. See 14031025 for summary of the preliminary determination of this investigation.)
AC/CVD Operations contact -- Kabir Archuletta (202) 482-2593
(Federal Register 07/31/14)