US DOC announced final antidumping duties on wire rod imports from Belarus, Russia, UAE
The US Department of Commerce (US DOC) has announced its final determinations in the antidumping duty investigation of imports of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates (UAE). Accordingly, the US DOC calculated the below final dumping margins for the mentioned imports from the three countries:
Belarus
- Belarus-Wide Entity : 280.02%
Russia
- Abinsk Electric Steel Works Ltd. : 756.93%
- JSC NLMK-Ural : 756.93%
- All Others : 436.80%
UAE
- Emirates Steel Industries PJSC : 84.10%
- All Others : 84.10%
Upon publication of the final affirmative antidumping determinations, the US DOC will instruct US Customs and Border Protection (CBP) to collect cash deposits equal to the applicable final weighted-average dumping rates. Since the US DOC also found that critical circumstances exist in the Russia investigation with respect to all exporters/producers, it will instruct CBP to impose the required cash deposit rates retroactively on all entries of carbon and alloy steel wire rod from Russia effective 90 days prior to publication of the preliminary determination in the Federal Register.
The US International Trade Commission (US ITC) is scheduled to make its final determinations on or about January 5, 2018. If the ITC makes affirmative final determinations that imports of carbon and alloy steel wire rod from Belarus, Russia and the UAE materially injure, or threaten material injury to, the domestic industry, the US DOC will issue antidumping orders.
The products in question currently fall under the Harmonized Tariff Schedule of the United States (HTSUS) 7213.91.3011, 7213.91.3015, 7213.91.3020, 7213.91.3093, 7213.91.4500, 7213.91.6000, 7213.99.0030, 7227.20.0030, 7227.20.0080, 7227.90.6010, 7227.90.6020, 7227.90.6030 and 7227.90.6035.