China Tungsten Shot: Prelim CVD Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of tungsten shot from China (C-570-179), after finding subsidization of Chinese producers in the preliminary determination of its CVD investigation. Suspension of liquidation and cash deposit requirements will take effect for entries on or after Dec. 20, the date that the preliminary determination is scheduled to be published in the Federal Register.
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Commerce is also considering the imposition of antidumping duties on tungsten shot from China. The agency's preliminary AD determination is currently due Feb. 12.
CVD Suspension of Liquidation and Cash Deposit Requirements
Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after Dec. 20, and require CVD cash deposits at the following rates:
| Company | CVD Rate |
|---|---|
| Luoyang Combat Tungsten & Molybdenum Materials Co., Ltd. | 352.2% |
| Luoyang Hypersolid Metal Tech Co., Ltd. | 352.2% |
| Mudanjiang North Alloy Tools Co., Ltd. | 352.2% |
| Shaanxi Xinheng Rare Metal Co., Ltd. | 352.2% |
| Xi’an Refractory & Precise Metals Co., Ltd. | 352.2% |
| Zhuzhou KJ Super Materials Co., Ltd. | 73.75% |
| Zhuzhou Oston Carbide Co., Ltd. | 352.2% |
| Zhuzhou Tungsten Man Materials Co., Ltd. | 352.2% |
| All Others | 73.75% |
(The period of investigation is 01/01/23 - 12/31/23. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 2408120017 for a summary of the initiation of this CVD investigation.)