Today, the U.S. Department of Commerce announced the affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of carbon and alloy steel threaded rod from China, India, and Taiwan, finding that exporters from China, India, and Taiwan have dumped carbon and alloy steel threaded rod at the following rates:
- China – 4.81 percent to 59.45 percent
- India – 2.04 percent
- Taiwan – 32.26 percent
As a result of today’s decisions, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of carbon and alloy steel threaded rod from China, India, and Taiwan as applicable.
In 2018, imports of carbon and alloy steel threaded rod from China, India, and Taiwan were valued at an estimated $325 million, $111 million, and $156 million, respectively.
The petitioner is Vulcan Threaded Products, Inc. (Pelham, AL).
The strict enforcement of U.S. trade law is a primary focus of the Trump Administration. Since the beginning of the current Administration, Commerce has initiated 182 new antidumping and countervailing duty investigations – a 231 percent increase from the comparable period in the previous administration.
Antidumping and countervailing duty laws provide American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of the unfair pricing of imports into the United States. Commerce currently maintains 496 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade.
Commerce is scheduled to announce the final determination with respect to Taiwan on or about December 4, 2019, and with respect to China and India, on or about February 11, 2020.
If Commerce’s final determinations are affirmative, the U.S. International Trade Commission (ITC) will be scheduled to make its final injury determination with respect to Taiwan on or about January 24, 2020, and with respect to China and India, on or about March 26, 2020. If Commerce makes affirmative final determinations of dumping, and the ITC makes affirmative final injury determinations, Commerce will issue AD orders. If Commerce makes negative final determinations of dumping, or the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
Click HERE for a fact sheet on today’s decisions.
The U.S. Department of Commerce’s Enforcement and Compliance unit within the International Trade Administration is responsible for vigorously enforcing U.S. trade law and does so through an impartial, transparent process that abides by international law and is based on factual evidence provided on the record.
Foreign companies that price their products in the U.S. market below the cost of production or below prices in their home markets are subject to antidumping duties. Companies that receive unfair subsidies from their governments, such as grants, loans, equity infusions, tax breaks, or production inputs, are subject to countervailing duties aimed at directly countering those subsidies.