On February 23, the US Department of Commerce (DOC) made its affirmative final determination in the antidumping (AD) case of certain steel threaded rod imports from China, finding that the said product is, or is likely to be, sold in the US at less than fair value.
Accordingly, the DOC determined that exporters/producers from China have sold steel threaded rod in the US at 55.16 to 206.00 percent below normal value. The final result for mandatory respondent Ningbo Yinzhou is based on total adverse facts available because the company failed verification.
Mandatory respondent RMB & IFI received a final dumping rate of 55.16 percent, while nine Chinese exporters received a separate final rate of 55.16 percent. Ningbo Yinzhou and all other exporters will receive the China-wide rate of 206.00 percent.
The DOC's final determination with the final dumping margins will be published in the Federal Register within three to five business days. The US International Trade Commission (ITC) is scheduled to make its final determination on or before April 8.