China Circular Welded Pipe: AD Cash Deposits Rise After CIT Decision
The Commerce Department will increase antidumping duty cash deposit requirements on circular welded carbon steel pipe from China (A-570-910), it said in a recent notice (here). The agency had previously adjusted rates downward in 2012 in order to implement a…
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World Trade Organization ruling on double counting, setting cash deposit requirements at 45.35 percent for companies eligible for their own rate, and 62.24 percent for the China-wide entity (see 12082923). However, Commerce has since determined that no adjustment is necessary, and will again require AD duty cash deposits at 69.2 percent for the separate rate companies, and 85.55 percent for the China-wide entity, it said. The Court of International Trade sustained the increase in an Oct. 22 decision (here).