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AD/CV Update: Softwood Lumber, Paper Clips, Steel Wire Rod, Olives, Sunset Reviews

Wednesday, August 30, 2017
Sandler, Travis & Rosenberg Trade Report

Sunset Reviews. The International Trade Commission has instituted sunset reviews of the following antidumping duty orders, which will result in either the revocation or continuation of these orders. Comments are due by Oct. 2.

- pure magnesium (granular) from China

- polyester staple fiber from China

Paper Clips. In its sunset review of the AD duty order on paper clips from China, the ITC has determined that revocation of this order would be likely to lead to continuation or recurrence of material injury to an industry in the U.S. within a reasonably foreseeable time. As a result, this order will be continued.

Softwood Lumber. The International Trade Administration has postponed until Nov. 14 its final AD and CV duty determinations on softwood lumber from Canada. Commerce Secretary Wilbur Ross said this extension “could provide the time needed to address the complex issues at hand and to reach an equitable and durable suspension agreement.”

Steel Wire Rod. The ITA has made affirmative preliminary CV duty determinations on carbon and alloy steel wire rod from Italy and Turkey. As a result, the ITA will instruct U.S. Customs and Border Protection to require CV cash deposits at the preliminary subsidy rates, which are 1.70 percent to 44.18 percent for Italy and 2.27 percent for Turkey. Since the ITA also found that critical circumstances exist with respect to “all other” exporters in Turkey, the cash deposit requirement for such companies will be retroactive to 90 days prior to publication of the preliminary determination in the Federal Register.

Olives. The ITA has postponed from Sept. 15 to Nov. 20 its preliminary CV duty determination on ripe olives from Spain. The petitioner requested this delay to give the ITA time to fully analyze questionnaire responses and request any necessary clarifications.

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