On Wednesday, the US Department of Commerce (DOC) formally initiated antidumping (AD) and countervailing duty (CVD) investigations of high-pressure steel cylinders from China.
The DOC announced that the estimated dumping margins range from 17.04 to 176.25 percent. Although the DOC did not quantify the potential countervailing duties, it identified 26 subsidy programs that it intends to investigate.
The US International Trade Commission (ITC) is scheduled to make its preliminary injury determination in these investigations on June 24. If the ITC makes a negative determination, the investigations will be terminated, and no further action will be taken. If the ITC makes an affirmative determination, the investigations will continue.
Merchandise covered by these investigations is classified in the Harmonized Tariff Schedule of the United States (HTSUS) under subheading 7311.00.00.30. Subject merchandise may also enter under HTSUS subheadings 7311.00.0060 or 7311.00.00.90.