India Stainless Steel Bar: Final Results of AD Admin Review
The Commerce Department has published the final results of the antidumping duty administrative review on stainless steel bar from India (A-533-810). These final results will be used to set final assessments of AD duties on importers for subject merchandise from companies under review entered Feb. 1, 2022, through Jan. 31, 2023.
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New Cash Deposit Rates Take Effect Sept. 10
For entries on or after Sept. 10, Commerce is setting AD duty cash deposit rates, with calculation adjustments to rates determined in its preliminary results, as follows:
| Exporter | AD Rate |
|---|---|
| Laxcon Steels Limited, and its affiliates Ocean Steels Private Limited, Metlax International Private Limited, Parvati Private Limited, and Mega Steels Private Limited | 0.7% |
| Aamor Inox Limited | zero |
| Astrabite LLP | 0.7% |
| Venus Wire Industries Pvt. Ltd., and its affiliates, Precision Metals, Hindustan Inox Ltd., and Sieves Manufacturers (India) Pvt. Ltd. | 0.7% |
For exporters of subject merchandise that were not under review (i.e., all except the companies listed above), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the “all others” rate of 12.45% applies.
Assessment Rates for Entries February 2022 - January 2023
Commerce is using the rates it calculated in these final results to calculate assessments of AD duties on importers of subject merchandise for entries between Feb. 1, 2022, and Jan. 31, 2023. Importers of subject merchandise exported by Laxcon, the mandatory respondent, and its affiliates during the period of review will be assessed AD at importer-specific rates. Entries from Aamor Inox will be liquidated without regard to AD duties. Entries from the two non-individually examined companies will be liquidated at the rates listed above.
(The review period is 02/01/22 - 01/31/23. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2403040023 for a summary of the preliminary results of this administrative review.)