Israel Brass Rod: Commerce Issues Final AD/CVD Determinations
The Commerce Department issued its final determinations in its antidumping and countervailing duty investigations on brass rod from Israel (A-508-814/C-508-815). Suspension of liquidation is currently not in effect for entries on or after June 11, 2024, and Commerce will only require cash deposits of estimated AD/CVD on future entries if it issues AD/CVD orders.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
Before Commerce issues AD/CVD orders, the International Trade Commission must find injury to U.S. industry in its final injury determinations, which will likely be issued in the next couple of months. In the event of any ITC final determination of no injury, the investigation will be terminated with no duties imposed, and all cash deposits collected as a result of the investigation will be refunded.
The final determinations include a “gap period” of no CVD liability for subject merchandise that was entered since Jan. 27, 2024, and no AD liability for subject merchandise entered since June 11, 2024. Commerce may only suspend liquidation for a four-month period after its preliminary CVD determination, issued Sept. 29, 2023, and for six months after its preliminary AD determination, issued Dec. 14, 2023. Suspension of liquidation and cash deposit requirements will resume upon publication of the ITC's final determination in the Federal Register.
Commerce will order CBP to liquidate, without regard to AD or CVD, any entries during these respective gap periods. Subject merchandise entered during the CVD gap period but outside the AD gap period (i.e., Jan. 27 through June 10, 2024) will only be assessed AD duties. Commerce has instructed CBP to continue the suspension of liquidation of subject merchandise for CVD purposes entered Sept. 29, 2023, through Jan. 26, 2024, and for AD purposes entered Dec. 14, 2023, through June 10, 2024.
Commerce already has issued AD/CVD orders in its concurrent AD investigations on brass rod from Brazil, India, Mexico, South Korea and South Africa and CVD investigations on South Korea and India (see 2406120063 and 2402120062).
Liq to Be Suspended Again and AD/CVD Cash Deposits Required if Orders Issued
Commerce will issue AD/CVD orders, reinstate the AD/CVD suspension of liquidation for all subject merchandise, and require cash deposits of estimated AD/CVD for entries of subject merchandise at the revised rates listed below if the ITC issues a final affirmative injury determination.
| Producer/Exporter | CVD Rate | AD Rate |
|---|---|---|
| Finkelstein Metals Ltd | 1.89% | 19.48% |
| All Others | 1.89% | 19.48% |
(The period of the AD investigation 04/01/22 - 03/31/23, and the period for the CVD investigation is 01/01/22 - 12/31/22. See Commerce's notice for more information, including the scope of the order (unchanged), detailed instructions on cash deposit and assessment rates, changes since the preliminary determination, etc. See 2309290024 and 2312140028 for summaries of the preliminary AD/CVD determinations in these investigations.)