Final results of AD review on stainless steel bar from India
On March 26, 2004, the US Department of Commerce (DOC) initiated an administrative review of the antidumping duty order on stainless steel bar imported from Indian producers Chandan Steel Ltd, Ferro Alloys Corp Ltd, Isibars Ltd, Mukand Ltd, Venus Wire Industries Limited, Viraj Alloys Ltd, and Viraj Forgings Ltd upon the request of these producers. The review covered the period February 1, 2003, through January 31, 2004. The DOC preliminarily decided that Chandan Steel Ltd. made sales below normal value. On the other hand, the DOC decided to rescind the review with respect to Ferro Alloys Corp Ltd, Isibars Ltd, Mukand Ltd, Venus Wire Industries Limited, Viraj Alloys Ltd and Viraj Forgings Ltd. The margin for Chandan was 10.28 percent in the preliminary results. Interested parties were invited to comment on these preliminary results. Based on the comments received, the DOC decided to make certain changes for the final results. Accordingly, the following weighted-average dumping margin exists for the period February, 1, 2003, through January 31, 2004:Manufacturer/exporter Margin Chandan Steel...................................19.80%