Taiwan OCTG: Commerce Drops AD Rates After Discovering Error
The Commerce Department is adjusting some antidumping duty cash deposit rates for oil country tubular goods from Taiwan (A-583-850), after finding calculation errors in the final determination it issued in July. The agency’s amended final determination drops AD duty rates for Tension Steel Industries Co., Ltd. to 2.34% (from 2.52%), and likewise decreases the rate for the “all others” companies (i.e., not Tension Steel or Chung Hung) to 2.34% (from 2.52%). The zero rate assigned to Chung Hung Steel Corp. is unchanged. The new rates take effect Aug. 8.
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The International Trade Commission is still set to make its final injury determination by Aug. 26. If the ITC finds injury, Commerce will issue AD duty orders and duties will be made permanent for all Taiwanese companies except Chung Hung, which would be exempt because of its zero rate. If the ITC finds no injury, the investigation will be terminated and all cash deposits will be refunded.
(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), instructions on cash deposit and assessment rates, etc. See 14071715 for summary of the original final determination.)
(Federal Register 08/08/14)