The US Department of Commerce (DOC), on June 9, 2008, made its final antidumping (AD) determinations in the investigations of steel nails from China and the United Arab Emirates (UAE).
The US DOC determined that many Chinese nail producers/exporters made sales to the US market below normal value. The DOC has calculated a final weighted-average dumping margin of 21.24 percent for Xingya Group (Suzhou Xingya Nail Co. Ltd; Senco-Xingya Metals Products Co. Ltd; and Hong Kong Yu Xi Co. Ltd). A number of other Chinese producers/exporters named in the AD determination also received a 21.24 percent dumping margin from the US DOC.
The US DOC determined a zero dumping margin for Paslode Fasteners (Shanghai) Co. Ltd, and thus it will be excluded from any AD order that may result from this investigation. All other Chinese nail producers/exporters not listed received a 118.04 percent dumping margin.
With regard to nails from the UAE, the US DOC calculated a dumping margin of zero percent for Dubai Wire FZE/Global Fasteners Ltd, the only respondent, with the result that the AD investigation in relation to this company will be terminated.
The US ITC is expected to make its final determination on nails from China on July 9, 2008.