Posted on 15 Jul 2024
The US Department of Commerce has issued final results of a countervailing duty review on carbon and alloy steel threaded rod from China, Kallanish discovers from the Federal Register.
Commerce has determined that certain producers and exporters of steel threaded rod received contervailable subsidies during the period of review from January to December 2022.
Ningbo Zhenghai Yongding Fastener Co was listed as having a countervailable subsidy rate during the period at 7.66%. This puts that supplier's total countervailable subsidy rate at 67.66%.
US Customs and Border Protection is instructed that other companies exporting steel threaded rod from China continue deposit estimated countervailing duties at the existing rate 41.17%.
Source:Kallanish
