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AD/CV Case Update: Oil Country Tubular Goods, Ferrovanadium, Steel Rod, Plywood

Friday, April 21, 2017
Sandler, Travis & Rosenberg Trade Report

Oil Country Tubular Goods. In the final results of its administrative review of the antidumping duty order on OCTG from Vietnam for the period Feb. 25, 2014, through Aug. 31, 2015, the International Trade Administration has determined a weighted average dumping margin of zero for SeAH Steel VINA Corporation. As a result, no AD duties will be assessed on entries of subject goods from this exporter during the period of review, and no AD cash deposits will be required for subject goods from this exporter that are entered or withdrawn from warehouse for consumption on or after April 20.

Ferrovanadium. The International Trade Commission has made a final affirmative AD injury determination on ferrovanadium from Korea. As a result, the ITA will issue an AD duty order on this product.

Steel Wire Rod. The ITA has initiated AD duty investigations of carbon and alloy steel wire rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom and CV duty investigations of such goods from Italy and Turkey. Alleged dumping margins are 161.75 percent to 280.02 percent for Belarus, 18.89 percent for Italy, 33.96 percent to 43.25 percent for Korea, 214.06 percent to 765.93 percent for Russia, 128.66 percent to 142.26 percent for South Africa, 32.70 percent for Spain, 37.67 percent for Turkey, 21.23 percent to 44.03 percent for Ukraine, 84.10 percent for the UAE, and 147.63 percent for the UK.

Hardwood Plywood. The ITA has made an affirmative preliminary CV duty determination on hardwood plywood products from China. As a result, the ITA will instruct U.S. Customs and Border Protection to require CV cash deposits on entries of subject goods based on the preliminary subsidy rates, which range from 9.89 percent to 111.09 percent.

The ITA has also preliminarily determined that critical circumstances exist with respect to all exporters from China except Linyi Sanfortune Wood Co. Ltd. Consequently, CBP will be instructed to impose provisional measures retroactively on entries of hardwood plywood from China, effective 90 days prior to publication of the preliminary determination in the Federal Register, for all exporters except Linyi.

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