Vulcan Steel files AD and CVD petitions against steel threaded rod from four countries

Monday, 25 February 2019 14:57:48 (GMT+3)   |   Istanbul
       

US-based Vulcan Steel Products Inc. has filed antidumping (AD) and countervailing duty (CVD) petitions against carbon and alloy steel threaded rod (steel threaded rod) imports from China, India, Taiwan and Thailand, on the grounds that the subject imports are causing material injury to the domestic industry, according to a statement issued by law firm Schagrin Associates.

Accordingly, Vulcan Steel has argued that in the years 2016 and 2018 yearly imports of steel threaded rod from these four countries increased by 41.7 percent by volume and 64.7 percent in value.

Alleged antidumping margins calculated by the petitioner have been determined as 53.57 percent to 55.6 percent for China, 25.43 percent to 28.34 percent for India, and 32.1 percent for Taiwan, according to various media reports. The calculation for Thailand is not yet available.

The product subject to the petition is currently classified in the Harmonized Tariff Schedule of the United States (HTSUS) under the codes 7318.15.5051, 7318.15.5056, and 7318.15.5090. It may also enter under the codes 7318.15.2095 and 7318.19.0000 of the HTSUS.


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