On July 14, the US Department of Commerce (DOC) announced its final results of the antidumping (AD) duty administrative review on stainless steel (SS) bar from Brazil.
On March 9, 2009, the DOC published its preliminary results of the administrative review of the AD duty order on certain stainless steel bar from Brazil. The administrative review covers one producer/exporter of the subject merchandise, Villares Metals S.A. (VMSA). The period of the review is February 1, 2007, through January 31, 2008.
Based on its analysis of the comments on the preliminary results received and an examination of its calculations, the DOC has made changes for the final results.
As a result of its review, the DOC has determined that the weighted-average dumping margin for VMSA is 4.96 percent.
The following deposit requirements will be for all shipments of stainless steel bar from Brazil entered, or withdrawn from warehouse, for consumption on or after the date of publication. The cash deposit rate for VMSA will be 4.96 percent; for previously reviewed or investigated companies not listed above, the cash deposit rate will continue to be the company specific rate published for the most recent period. If the exporter is not a firm covered in this review, a prior review, or the less than fair value investigation, but the manufacturer is, the cash deposit rate will be the rate established for the most recent period for the manufacturer of the merchandise. If neither the exporter nor the manufacturer has its own rate, the cash deposit rate will be the all others rate for this proceeding, 19.43 percent, as established in the investigation.