U.S. Interim AD Ruling on China Steel Wires
By ETCN , 2013-12-10 12:00:00
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Reported by China News Agency, U.S. Commerce Department on December 6 made an affirmative preliminary ruling that the steel wires from China should be imposed antidumping (AD) duties.
The penalized products are pre-stressed concrete sleeper steel wires, with the identified dumping margins of 14.64%-18.02%.
As per U.S. trade remedy procedure, based on the preliminary ruling, the Chinese enterprises involved should pay cash deposit to American customs; thereafter, the U.S. Commerce Dept and U.S. International Trade Commission will give corresponding final rulings in April and June next year respectively; on their affirmative rulings, the American customs will formally levy the antidumping duties.
This steel wire case started this April when exporters from China, Mexico and Thailand were alleged to have dumped the products in America, Chinese dumping margin at 67.43% then.
In 2012, the Chinese enterprises exported to the U.S. the steel wires totaling USD 38.20 million, increasing by around 50% from 2010 and more than the total from Mexico and Thailand.
