US DOC issues amended final results of second administrative review of carbon and certain alloy steel WR from Trinidad Tobago

Wednesday, 11 March 2009 11:46:08 (GMT+3)   |  
       

On March 10, the US Department of Commerce (DOC) announced the amendment of its final results of the second administrative review of carbon and certain alloy steel wire rod (WR) imports from Trinidad Tobago to reflect the US Court of International Trade's (CIT) decision.

On November 16, 2005, the DOC published its final results in the second administrative review of the antidumping duty order on wire rod from Trinidad and Tobago covering the period October 1, 2003, through September 30, 2004. On December 16, 2005, Mittal filed a summons and complaint with the CIT challenging the DOC's credit expense calculation and treatment of non-prime merchandise. On March 7, 2007, the DOC requested a voluntary remand so that it could reevaluate the calculation of credit expenses and inventory carrying costs used to calculate constructed export price. On April 24, 2007, the CIT granted the DOC's voluntary remand motion to reevaluate its calculation of credit expenses and inventory carrying costs and affirmed the DOC's treatment of non-prime merchandise.

On June 21, 2007, the DOC filed with the CIT the final results of its redetermination, calculating credit expenses from the invoice date, rather than the shipment date. The DOC also changed the inventory carrying costs used in its constructed export price calculation to reflect the date of invoice as the date of sale. On August 8, 2007, the CIT sustained the final results of redetermination on remand. On September 7, 2007, the DOC notified the public that the final judgment in this case was not in harmony with the final results.

Accordingly, on December 3, 2008, the US Court of Appeals for the Federal Circuit (CAFC) affirmed the DOC's final results of redetermination wherein the DOC calculated credit expenses from the date of invoice, rather than the date of shipment for Mittal. The CAFC also affirmed the DOC's classification of Mittal's composite wire rod as non-prime merchandise.

Based on the reconsideration in question, the DOC has amended the final results for Mittal, and has applied the 4.13 percent dumping margin to Mittal for the period of review.


Tags: Wire Rod Wire  Longs 

Similar articles

India’s ISWPL firms up projects to ramp up rebar and wire rod capacities

25 Jul | Steel News

Malaysia’s Ann Joo acquires 51 percent stake in wire maker

23 Jun | Steel News

Belarus-based BMZ inks several export contracts 

16 Feb | Steel News

UK extends safeguard on some steel products, revokes others

01 Jul | Steel News

Tsingshan Holdings to invest RMB 12 billion in new stainless steel processing center

29 Jun | Steel News

Mechel launches first stage of new wiredrawing equipment at Beloretsk Metallurgical Plant

23 Jun | Steel News

Turkey’s Kaptan to expand product portfolio with new wire rod mill

02 Mar | Steel News

Insteel Industries reports higher net earnings for fiscal Q1

21 Jan | Steel News

Turkey’s Icdas to increase market share with new wire rod mill

23 Nov | Steel News

Danieli to supply wire rod line and slab caster automation to Turkey’s Habas

17 Nov | Steel News