About us| FAQ| Contact us| Make Steelguru your Homepage | RSS
Toplogo   FAIL (the browser should render some flash content, not this).
 
 Also Read
0blt1NTPC inks MoU with Hindustan Aeronautics
0blt1Expert urges Pakistan to use coal as substitute for gas
0blt1Causeway Bridge to promote cooperation in region
0blt1Oil increases to over USD 50 on Gaza and Russia Ukraine crisis
0blt1Pakistan industry to launch strikes against power shortage
 
 International News
0blt1US 2008 steel imports down by 5% YoY
0blt1Production pruning - US weekly raw steel production dips by 54% YoY
0blt1ArcelorMittal Zenica halts production after gas cuts
0blt1METI sees Japanese crude steel output at 21.1 million tonnes in Q4
0blt1Gas crisis hits steel mills in Bulgaria
0blt1Downsizing deals - CSN to evaluate possible layoffs next week
0blt1US Steel Kosice cuts output on gas crisis
0blt1CSP clarifies on Dongkuk announcement about Ceara to KOSPI
0blt1Fitch sees base metals demand picking up in H2
0blt1Japanese November carbon steel export drops by 9.2% YoY
0blt1ThyssenKrupp sees orders rebound in 2009
0blt1Brazil sees low domestic steel demand in January
0blt1Sheffield unveiled master plan for 200 year old steel site
0blt1Macroeconomic indicators - Brazilian industrial output drops
0blt1SMC signs inks VND 122 billion steel supply contract
0blt1Alcoa Australian work force unaffected by job cuts
0blt1Slowdown signs - NSK to dismiss 2,000 by March 2009
0blt1Mr Yasumi Kudo appointed as new VP of NYK Line
0blt1Columbia Gas to replace 24,000 feet of gas line in February
0blt1NZ proposes bailout for recycling industry
0blt1Mr Allaway appointed as director of South American Iron & Steel
0blt1Mr Jacob appointed to Harsco Metals Group Americas Region
0blt1Japanese steel exports in November totals 2.4 million tonnes
0blt1Evergreen Marine to spend USD 5.5 billion for 100 new vessels
0blt1Goldman Sachs upgrades AK Steel ratings
0blt1UK launches its first onshore scheme
 
 
News Thursday, 08 Jan, 2009
US continues AD on steel nails from China and exempts UAE

The US Department of Commerce announced its affirmative final determination in the antidumping duty investigation of imports of certain steel nails from China. Commerce also announced its negative final determination in the AD investigation of imports of certain steel nails from the United Arab Emirates.

Commerce determined that exporters from China have sold steel nails in the United States at 0 to 118.04% less than normal value. China’s two mandatory respondents, Paslode Fasteners Co Ltd and Xingya Group, received final rates of 0% and 21.24%respectively. In addition, 64 respondents qualified for a separate rate of 21.24%. All other Chinese exporters received the China wide rate of 118.04%.

As a result of the affirmative final determination in the China investigation, Commerce will instruct US Customs and Border Protection to continue to collect a cash deposit or bond on entries of steel nails from China based on the final rates for all companies, except Paslode Fasteners Co Ltd.

Commerce has also determined that exporters from the UAE have not sold steel nails in the United States at less than normal value. The UAE’s mandatory respondent, Dubai Wire FZE/Global Fasteners Ltd received a final rate of 0%. All other UAE exporters also received a final rate of 0%.

Therefore, the UAE investigation will terminate and Commerce will instruct CBP not to suspend liquidation of entries from the UAE and to refund any cash deposit or release any bond.

The investigations covered certain steel nails, having a shaft length of up to 12 inches and produced from various grades of steel and have a variety of finishes, heads, shanks, points and sizes.

The petitioners for these investigations are: Mid Continent Nail Corporation; Davis Wire Corporation; Gerdau Ameristeel Corporation; Maze Nails; Treasure Coast Fasteners Inc and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union.

 
Post Comments  Read Comments  Forum
 
Chinese News Indian News Intenational News Middle East News
Russian News Stainless & Special Steel News Raw Material & Mining News


 
User Comments

No comment for this news

 
Add Comment
 
Name:
Email:
Comment:
 
 

Copyright © 2004 - SteelGuru and respective copyright holders. All rights reserved.
Site optimized for Internet Explorer 6.0 and above.
Disclaimer| Privacy Policy| About us| Feedback| Contact us| FAQ| Site Map