On January 16, the US Department of Commerce (DOC) announced its affirmative preliminary determinations in the antidumping duty investigations of imports of steel nails from China and the United Arab Emirates (UAE). The DOC has also made its preliminary decision concerning critical circumstances in both investigations.
The DOC has preliminarily determined that sales of steel nails imported from China and the UAE were made at 20.77-118.04 percent and 4.47 percent less than fair value, respectively.
The DOC's preliminary determinations are as follows:
Countries/Companies |
Preliminary margin |
Critical Circumstances |
|
|
|
ITW |
20.77 percent |
Negative finding |
Xingya |
44.57 percent |
Affirmative finding |
Separate Rate Companies |
29.36 percent |
Negative finding |
All Others |
118.04 percent |
Affirmative finding |
|
|
|
Dubai Wire |
4.47 percent |
Affirmative finding |
As a result of these preliminary determinations, the DOC will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on the preliminary rates.
These investigations were initiated at the request of petitioners Mid Continent Nail Corporation (MO); Davis Wire Corporation (CA); Gerdau Ameristeel Corporation (Atlas Steel & Wire Division) (FL); Maze Nails (Division of W.H. Maze Company) (IL); Treasure Coast Fasteners, Inc. (FL); and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (PA).
The DOC is scheduled to issue its final determinations in these investigations in June 2008.