The US Department of Commerce (US DOC), on November 5, announced the final results of the changed-circumstances antidumping duty review concerning stainless steel wire rods from India.
Accordingly, the DOC has determined that India Steel Works Limited (India Steel) is the successor-in-interest to Isibars Limited (Isibars) and, therefore, it will be accorded the same treatment previously accorded to Isibars with regard to the antidumping duty order on stainless steel wire rods from India, with effect as of November 5, 2008.
The wire rods subject to this order are currently classifiable under subheadings 7221.00.0005, 7221.00.0015, 7221.00.0030, 7221.00.0045, and 7221.00.0075 of the Harmonized Tariff Schedule of the United States (HTSUS).
In line with the determination, the DOC will instruct US Customs and Border Protection (CBP) to suspend liquidation of all shipments of the subject merchandise produced and exported by India Steel, which are entered, or withdrawn from warehouse, for consumption on or after the publication date of the notice in question at a deposit rate of 30.10 percent (i.e. Isibars's cash-deposit rate). This deposit rate shall remain in effect until publication of the final results of the next administrative review in which India Steel participates.