UAE Steel Nails: Precision Fasteners Exempt From AD Duties, Says Commerce
The Commerce Department on Nov. 14 announced Precision Fasteners LLC will be exempt from antidumping duties on steel nails from the United Arab Emirates (A-520-804) (here), implementing a Court of International Trade Decision that saw Precision’s AD duty rate drop…
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to zero in the original AD duty investigation of the company. The exemption, which applies to subject merchandise both produced and exported by Precision, will only take full effect once the period expires for appealing the CIT decision, said Commerce. Until then, Commerce will direct CBP to stop collecting cash deposits on subject merchandise produced and exported by Precision.