India Stainless Steel Bar: Prelim Results of AD Admin Review
The Commerce Department has released the preliminary results of its antidumping duty administrative review on stainless steel bar from India (A-533-810). In the final results of this review, Commerce may set assessment rates for subject merchandise from four companies entered Feb. 1, 2022, through Jan. 31, 2023. It has preliminarily determined that there is no dumping by the companies under review.
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Commerce has ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry for subject merchandise from exporters for which a review was not requested (ADCVDWeb Message # 3139405).
Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for the four companies under review, beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following AD duty cash deposit rates:
| Exporter | AD Rate (Prelim) |
|---|---|
| Laxcon Steels Limited, and its affiliates Ocean Steels Private Limited, Metlax International Private Limited, Parvati Private Limited, and Mega Steels Private Limited | 0.61% |
| Aamor Inox Limited | 0.55% |
| Astrabite LLP | 0.57% |
| Venus Wire Industries Pvt. Ltd., and its affiliates, Precision Metals, Hindustan Inox Ltd., and Sieves Manufacturers (India) Pvt. Ltd. | 0.57% |
Assessment Rates
If these preliminary results are confirmed in the final results, importers of subject merchandise exported by the four companies under review during the period Feb. 1, 2022, through Jan. 31, 2023, would be liquidated at importer-specific rates.
(The period of review is 02/01/22 - 01/31/23. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)