Steel Threaded Rod from Four Countries Subject of New AD Petition
A petition filed Feb. 21 alleges that carbon and alloy steel threaded rod from China, India, Taiwan, and Thailand is being sold at less than fair value in the U.S. market. The alleged average dumping margins are 55.60 percent for China, 28.34 percent for India, 32.10 percent for Taiwan, and 20.30 percent for Thailand.
Steel threaded rod is certain threaded rod, bar, or studs, of carbon or alloy steel, having a solid, circular cross-section of any diameter, in any straight length. Subject goods are non-headed and threaded along greater than 25 percent of their total actual length. A variety of finishes or coatings, such as plain oil finish as a temporary rust protectant, zinc coating (i.e., galvanized, whether by electroplating or hot-dipping), paint, and other similar finishes and coatings, may be applied.
Subject goods include those matching the above description that have been finished, assembled, or packaged in a third country, including by cutting, chamfering, coating, or painting; by attaching the rod to, or packaging it with, another product; or any other finishing, assembly, or packaging operation that would not otherwise remove the rod from the scope if performed in the country of manufacture of the rod. Threaded rod is also included whether or not imported attached to, or in conjunction with, other parts and accessories such as nuts and washers.
Steel threaded rod is currently classifiable under HTSUS 7318.15.5051, 7318.15.5056, and 7318.15.5090 and may also enter under HTSUS 7318.15.2095 and 7318.19.0000.
Excluded from the scope are (1) threaded rod, bar, or studs that are threaded only on one or both ends and the threading covers 25 percent or less of the total actual length, and (2) stainless steel threaded rod, defined as steel threaded rod containing, by weight, 1.2 percent or less of carbon and 10.5 percent or more of chromium, with or without other elements. Any goods covered by the existing AD duty order on steel threaded rod from China are excluded from the scope of this petition with respect to China.
The Department of Commerce and the International Trade Commission will next determine whether to launch AD duty and injury investigations, respectively, on these products. There are strict statutory deadlines associated with these proceedings, so affected companies that wish to protect their interests should contact trade counsel as soon as possible.