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ITA Fact Sheet on Preliminary AD Rates for China Drill Pipe

The International Trade Administration has issued a fact sheet announcing its affirmative preliminary determination in the antidumping duty investigation of drill pipe from China.

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As a result of this preliminary determination, the ITA will instruct U.S. Customs and Border Protection to collect cash deposits or bonds based on the preliminary AD duty rates below.

Preliminary AD Rates Range from Zero to 429.29%

The ITA preliminarily found that Chinese producers/exporters have sold drill pipe in the U.S. between 0.00% to 429.29% less than fair value.

Mandatory respondents: DP Master Manufacturing Co., Ltd. will receive a preliminary AD duty rate of 206.00%; Baoshan Iron & Steel Co., Ltd. will receive a preliminary AD duty rate of 7.64%; and Shanxi Yida Special Steel Imp. & Exp. Co., Ltd. will receive a preliminary AD duty rate of 0.00%.

Three additional Chinese producers/exporters qualified for a preliminary separate rate of 106.82%.

All other Chinese producers/exporters of drill pipe will receive a preliminary China-wide entity AD duty rate of 429.29%.

Final Determination Scheduled for December 2010

The ITA is currently scheduled to make its final determination in December 2010.

(See ITT’s Online Archives or 01/28/10 and 01/27/10 news, 10012840 and 10012735, for BP summaries of the ITA’s initiation of this investigation and the companion countervailing duty investigation.

See ITT’s Online Archives or 06/11/10 news, 10061129, for BP summary of the preliminary CV duty determination.)

(Fact sheet dated 08/06/10)