Taiwan Steel Nails: Final Results of AD Admin Review
The Commerce Department has released the final results of the antidumping duty administrative review on steel nails from Taiwan (A-583-854). Commerce said it made certain changes to the rate calculation for Your Standing International, making the final rate higher than in the preliminary results of this review, and that changed the review average rate as well. Commerce will set assessments of antidumping duties for subject merchandise entered July 1, 2022, through June 30, 2023. New cash deposit rates set in these final results take effect Nov. 26.
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For exporters of subject merchandise that were not under review (i.e., all except the companies listed below), 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 2.16% applies.
New Cash Deposit Rates Take Effect Nov. 26
For entries on or after Nov. 26, Commerce is setting new AD cash deposit rates for subject merchandise produced or exported by the following companies:
Producer/Exporter | AD Rate |
---|---|
Cyuan Hong Enterprise Co. | 78.17% |
Hsieh Shun Iron Wire Mfg. Co. Ltd. | 78.17% |
Qi Ding Enterprise Co. Ltd. | 78.17% |
Yeong Ming Steel Iron Co., Ltd. | 78.17% |
Non-individually examined companies (applicable to 17 companies) | 78.17% |
Non-individually examined companies. Commerce is not individually investigating 17 companies subject to this review and instead assigned them a rate that is an average of the four mandatory respondents’ rate, which was arrived at based on adverse facts available. See Commerce's notice, Appendix II, for a full list of these companies.
Additionally, Commerce said it continued to find, as it did for the preliminary results of this review, that Concord International Engineering & Trading Co., Ltd. and Wiresmith Industrial Co., Ltd., were not the first parties in the transaction chain to have knowledge that the subject merchandise was destined for the United States and, thus, Wiresmith and Concord International are not considered the exporters of subject merchandise during the review period for purposes of this review. Therefore, the two companies had no reviewable sales of nails from Taiwan during the review period. Commerce said it will instruct CBP to liquidate any existing entries of subject merchandise produced by Wiresmith and Concord International’s respective unaffiliated suppliers and attributed to Wiresmith and Concord International at the rate applicable to the unaffiliated producers, or the all-others rate, i.e., 2.16%, if there is no rate for the unaffiliated producers.
Assessment Rates for Entries July 2022 - June 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 July 1, 2022, and June 30, 2023. Commerce will assess AD on importers of entries from from the exporters subject to this review at the rates listed above.
(The review period is 07/01/22 - 06/30/23. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2407160001 for the preliminary results of this review.)