Steel Wire Rod: Prelim AD Cash Deposit Rates Take Effect for Belarus, Russia and UAE
The Commerce Department made preliminary affirmative antidumping duty determinations that imports of carbon and alloy steel wire rod from Belarus (A-822-806), Russia (A-821-824) and the United Arab Emirates (A-520-808) are being sold in the U.S. at less than fair value. The agency will impose AD duty cash requirements on entries of subject merchandise from Belarus and the UAE beginning on Sept. 12, and retroactively on entries from Russia beginning on June 14.
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Commerce is also conducting AD duty investigations on steel wire rod Italy, South Korea, the United Kingdom, Spain, South Africa, Turkey and Ukraine, with its preliminary determinations in those investigations due Oct. 24 (see 1708180020). The agency issued its preliminary CV duty determination for Italy and Turkey on Sept. 5 (see 1709010017). Any orders issued as a result of these investigations would come on top of existing antidumping duty orders on steel wire rod from Brazil, China, Indonesia, Mexico, Moldova, and Trinidad and Tobago, and countervailing duty orders on steel wire rod from Brazil and China.
​Critical Circumstances for Russia, Cash Deposits Retroactive 90 Days
Commerce made a finding that all exporters of subject merchandise in Russia increased their exports to the U.S. in the months before the preliminary determination, in an attempt to get in as much product as possible before the imposition of cash deposit requirements. This "critical circumstances" finding by the agency allows it to retroactively suspend liquidation and require AD duty cash deposits for subject merchandise from these companies to 90 days before the preliminary determination, i.e., June 14. Subject merchandise from Belarus and the UAE is still subject to AD duty suspension of liquidation beginning on Sept. 12.
AD Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, on or after the dates listed in the tables below, and require cash deposits at the following rates:
Belarus
| Exporter | AD Rate | Sus. Liq. |
|---|---|---|
| Belarus-wide entity* | 280.02% | 09/12/17 |
*This rate covers all Belarusian exporters.
Russia
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| Abinsk Electric Steel Works Ltd. | 756.93% | 06/14/17 |
| JSC NLMK-Ural | 756.93% | 06/14/17 |
| All Others | 436.8% | 06/14/17 |
UAE
| Exporter/Producer | AD Rate | Sus. Liq. |
|---|---|---|
| Emirates Steel Industries PJSC | 84.1% | 09/12/17 |
| All Others | 84.1% | 09/12/17 |
The preliminary determination notice for Belarus (Federal Register 09/12/17) is (here).
The preliminary determination notice for Russia and the UAE (Federal Register 09/12/17) is (here).
(The period of investigation is 01/01/16 -- 12/31/16, except for Belarus, where it's 07/01/16 -- 12/31/16. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 1704250021 for summary of the initiation of this AD duty investigation, and 1703300012 for summary of the underlying petition.)
(Federal Register 09/12/17)