China Steel Threaded Rod: Final Results of CVD Admin Review
The Commerce Department has published the final results of its countervailing duty administrative review on carbon and alloy steel threaded rod from China (C-570-105). The agency calculated a new CVD cash deposit rate for the Chinese producer and exporter and its affiliate listed below, at a rate lower than that calculated in the preliminary results of this review. These final results will be used to set final assessments of CVD on importers for entries during the period January 2022 through December 2022.
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New Cash Deposit Rates Takes Effect July 12
New CVD cash deposit rate for the producer and exporter still subject to this review take effect July 12, the date these final results were published in the Federal Register. Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate, and companies that have never been assigned a CVD rate will get the all-others rate. The new rate, which will also apply for importer assessment purposes, is as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Ningbo Zhenghai Yongding Fastener Co., Ltd. and cross-owned affiliate Ningbo Yongzan Machinery Parts Co., Ltd. | 7.66% |
Commerce will instruct CBP to collect cash deposits of estimated CVD in the amount calculated for the year 2022 for the above-listed company and its affiliate with regard to shipments of subject merchandise entered, or withdrawn from warehouse, for consumption on or after the date of publication of these final results, i.e., July 12. These cash deposit requirements shall remain in effect until further notice.
(The period of review is 01/01/22 - 12/31/22. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2404030027 for a summary of the preliminary results of this administrative review.)