US Continues AD Duty on Stainless Steel Wire Rods from India

As a result of the determinations by the US Department of Commerce and the US International Trade Commission that revocation of the
Stainless Steel Wire Rods
Stainless Steel Wire RodsImage Source – Tradinox

As a result of the determinations by the US Department of Commerce and the US International Trade Commission that revocation of the antidumping duty order on Stainless Steel Wire Rods from India would likely lead to a continuation or recurrence of dumping and material injury to an industry in the United States, Commerce is publishing a notice of continuation of 48.8% AD duty order.

On 1 December 1993, Commerce published in the Federal Register the AD order on SSWR from India. On 2 May 2022, Commerce initiated and the ITC instituted, a sunset review of the Order

The products covered by the Order are SSWR from India. SSWR are products which are hot-rolled or hot-rolled annealed and/or pickled rounds, squares, octagons, hexagons or other shapes, in coils. SSWR are made of alloy steels containing, by weight, 1.2 percent or less of carbon and 10.5 percent or more of chromium, with or without other elements. These products are only manufactured by hot-rolling and are normally sold in coiled form, and are of solid cross-section. The majority of SSWR sold in the United States are round in cross-section shape, annealed and pickled. The most common size is 5.5 millimeters in diameter.

This merchandise is currently classifiable under subheadings 7221.00.0005, 7221.00.0017, 7221.00.0018, 7221.00.0020, 7221.00.0030, 7221.00.0040, 7221.00.0045, 7221.00.0060, 7221.00.0075, and 7221.00.0080 of the Harmonized Tariff Schedule of the United States

Related Stories

No stories found.
logo
SteelGuru Business News
www.steelguru.com