US DOC launches AD/CVD investigation into steel cylinders from China

US DOC launches AD/CVD investigation into steel cylinders from China

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The US Department of Commerce (DOC) announced Friday the initiation of new antidumping (AD) and countervailing duty (CVD) investigations to determine whether non-refillable steel cylinders from China are being sold in the United States at less than fair value, and to determine if producers in China are receiving unfair subsidies.

The alleged dumping margin is 53.76 percent. The petitions were filed by Worthington Industries (Columbus, Ohio). The petitioner estimated that imports of non-refillable steel cylinders from China were valued at $21.5 million in 2019.

The US International Trade Commission (ITC) will make its preliminary determinations on or before May 11. If the ITC preliminarily determines that there is a reasonable indication of material injury or threat of material injury, then the DOC’s investigations will continue, with the preliminary CVD determination scheduled for June 22, and the preliminary AD determination scheduled for September 3, unless these deadlines are extended.

Final determinations by the DOC in these cases are scheduled for September 8, for the CVD investigation, and November 17, for the AD investigation, although these deadlines may be extended.

source: steelorbis

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