Preliminary results of AD review on SS wire rod imported from India
The Department of Commerce (DOC), on January 22, 2004 initiated antidumping duty administrative review on
stainless steel
wire rods imported from Indian producers Isibars and Viraj. DOC did not include Chandan Steel as the producer requested for a new shipper review. However DOC denied this request as the certifications submitted by the company failed to meet requirements of DOC. Later on Chandan Steel requested for an administrative review, DOC included the producer in 2002-2003 administrative review. The period of review was December 1, 2002, through November 30, 2003.
DOC has preliminarily determined that Chandan Steel and Isibars sold subject merchandise at less than normal value during the period review and that the Viraj Group has made sales in the US at prices not below normal value. Moreover, DOC determined to revoke the order with respect to subject merchandise produced and exported by Viraj
Alloys Ltd and VSL Wires Ltd.
Accordingly, following weighted average margins exist for the imports of subject merchandise imported from Isibars, Chandan and Viraj Group:
Manufacturer/Exporter Margin
Chandan Steel Ltd................................1.27%
Isibars Steel Ltd, Zenstar Impex, and
Shaktiman Steel Casting Pvt Ltd.................48.80%
The Viraj Group (Viraj Alloys Ltd and
VSL Wires Ltd)...................................0.00%
Interested parties are requested to comment on these preliminary results.