China Temporary Steel Fencing: Prelim CVD Cash Deposit Rates Take Effect, Retroactive for Most
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of temporary steel fencing from China (C-570-199), after finding subsidization of Chinese producers in the preliminary determination of a CVD investigation. Suspension of liquidation and cash deposit requirements generally take effect June 20, but Commerce is making the suspension of liquidation and CVD cash deposits retroactive to March 22 for nearly all Chinese companies.
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Commerce also is considering the imposition of antidumping duties on temporary steel fencing from China. The agency's preliminary determination is currently due Aug. 13.
Commerce Finds Critical Circumstances for Most; Cash Deposits Retroactive 90 Days
Commerce made a finding that all Chinese exporters except one -- Shijiazhuang SD Company Ltd. -- increased their exports to the U.S. in the run-up to the preliminary determination. This “critical circumstances” finding by the agency means Commerce will retroactively suspend liquidation for these three companies back to 90 days before the preliminary determination, i.e., March 22, 2025.
Commerce didn't find critical circumstances for Shijiazhuang SD, so suspension of liquidation and cash deposit requirements will take effect for that company beginning June 20.
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce said it will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, for consumption on or after the dates listed below. Preliminary CVD cash deposit rates will be required, as follows:
| Company | CVD Rate | Sus Liq |
|---|---|---|
| Hebei Minmetals Co., Ltd. | 33.27% | 03/22/25 |
| Shijiazhuang SD Company Ltd. | 139.2% | 06/20/25 |
| Anping County Xingpeng Hardware Co., Ltd. | 301.83% | 03/22/25 |
| Shenzhou Yuelei Metal Products Co., Ltd. | 301.83% | 03/22/25 |
| Sichuan Gold-Link Industry | 301.83% | 03/22/25 |
| Sourcing Solution Co., Ltd. | 301.83% | 03/22/25 |
| Tianjin Mengsheng Metal Products | 301.83% | 03/22/25 |
| All-Others | 86.24% | 03/22/25 |
(The period of investigation is 01/01/24 - 12/31/24. See Commerce's notice for more information, including the scope, suspension of liquidation, etc.)