AD: South Korea Steel Concrete Reinforcing Bars
The International Trade Administration has issued a notice announcing that it is revoking the antidumping duty order on steel concrete reinforcing bars from South Korea (Korea) as a result of the determination by the International Trade Commission that revocation of the order is not likely to lead to the continuation or recurrence of material injury to an industry in the U.S.
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AD Duty Order Revoked Effective September 7, 2006
The ITA states that it is revoking this AD duty order effective September 7, 2006. The ITA will notify U.S. Customs and Border Protection (CBP) to discontinue suspension of liquidation and collection of cash deposits on entries of the subject merchandise with a time of entry on or after September 7, 2006.
The ITA will alsocomplete any pending administrative reviews of the order and will conduct administrative reviews of subject merchandise entered prior to September 7, 2006 in response to appropriately filed requests for review.
(This revocation comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act (URAA), which according to 19 CFR 351.218(a) requires the ITA to revoke an AD or CV duty order, or terminate a suspension agreement, after five years unless it is found that revocation would likely lead to both (1) a continuation or recurrence of dumping or a countervailable subsidy, and (2) material injury to a U.S. industry within a reasonably foreseeable time.
A negative determination either by the ITA with respect to (1) or by the ITC with respect to (2) results in the revocation of the AD and/or CV duty order.)
(See ITA notice for more information, including the scope of the order, etc. See ITT's Online Archives or 08/03/06 news, 06080345, for BP summary of the ITA/ITC initiation of this five-year sunset review. See ITT's Online Archives or 08/06/07 news, 07080635, for BP summary of the ITC's sunset review determination.)
ITA contact - Brandon Farlander (202) 482-0182
ITA notice (FR Pub 08/09/07) available at http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/pdf/E7-15571.pdf