China Pure Magnesium: Final Results of AD Admin Review
The Commerce Department has published the final results of its antidumping duty administrative review on pure magnesium from China (A-570-832). The agency said it found that the only companies under review, Tianjin Magnesium International Co., Ltd., and its affiliate Tianjin Magnesium Metal, Co., Ltd., had a dumping margin of 32.6%, a significant decline from the 93.97% margin in the preliminary results. Subject merchandise from these two companies will be assessed AD at importer-specific rates for entries during the period May 1, 2022, through April 30, 2023. A 32.6% AD cash deposit rate takes effect for TMM/TMI on Dec. 13.
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For any other exporters of subject merchandise that were not under review (i.e., all exporters of subject merchandise except TMM and TMI, cash deposit rates will also remain at the level set in the most recent review of each respective company. For companies that have never been assigned a cash deposit rate by Commerce, the China-wide rate applies, i.e., 111.73%.
(The period of review is 05/01/22 - 04/30/23. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc. See 2406050030 for the preliminary results of this AD administrative review.)