China Steel Nails: Final Results of AD Admin Review
The Commerce Department has published the final results of the antidumping duty administrative review on steel nails from China (A-570-909). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered Aug. 1, 2022, through July 31, 2023.
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Commerce said it made certain adjustments to the AD rate calculation for the separate rate company under review, Shanghai Yueda Nails Co., Ltd. The adjustment increased the rate calculated in the preliminary results, i.e., 7.14%.
In these final results, Commerce said it is rescinding the review for eight companies with no reviewable, suspended entries during the review period, as it said it intended to do when it released the preliminary results. The companies are: Hebei Minmetals Co., Ltd.; Nanjing Caiqing Hardware Co., Ltd.; Nanjing Yuechang Hardware Co., Ltd.; Shandong Qingyun Hongyi Hardware Products Co., Ltd.; Shanxi Hairui Trade Co., Ltd.; Suntec Industries Co., Ltd.; Tianjin Jinchi Metal Products Co., Ltd.; and Xi’an Metals & Minerals Import & Export Co., Ltd.
New Cash Deposit Rates Take Effect June 16
For entries on or after June 16, the date these final results were published in the Federal Register, Commerce is setting new AD duty cash deposit rates. For any other exporters of subject merchandise that were not under review (i.e., all exporters of subject merchandise except those listed below), cash deposit rates will 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 of 118.04% applies.
The new rates are as follows:
| Exporter | AD Rate |
|---|---|
| Shanghai Yueda Nails Co., Ltd., a.k.a. Shanghai Yueda Nails Industry Co., Ltd. | 11.73% |
| S-Mart (Tianjin) Technology Development Co., Ltd. * | 118.04% |
* Part of the China-wide entity because it didn't establish eligibility for a separate rate.
For all Chinese exporters of subject merchandise that have not been given a separate rate, the cash deposit rate will be 118.04%, the China-wide entity rate. For all non-Chinese exporters of subject merchandise that have not received their own separate rate, the cash deposit rate will be the rate applicable to the Chinese exporter that supplied that non-Chinese exporter.
Assessment Rates for Entries August 2022 - July 2023
Commerce is using the rates it calculated in these final results to set assessments of AD on importers of subject merchandise for entries between Aug. 1, 2022, and July 31, 2023. Commerce will set importer-specific rates for entries during that period from Shanghai Yueda. Commerce will assess AD at 118.04% to all entries of subject merchandise during the review period that were exported by S-Mart. For the eight companies with no shipments referenced above, any suspended entries of subject merchandise associated with those companies will be liquidated at a rate equal to the cash deposit rate of estimated AD required at the time of entry, or withdrawal from warehouse, for consumption.
(The review period is 08/01/22 - 07/31/23. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2409120048 for a summary of the preliminary results of this administrative review.)