The US Department of Commerce (DOC) announced Friday its preliminary determinations in the antidumping (AD) investigations of steel nails from Korea, Malaysia, Oman, Taiwan, and Vietnam.
The DOC has calculated the following preliminary dumping margins:
(1) Korea: Daejin Steel Co., Ltd. – 12.38 percent; Jinheung Steel Corporation – 2.13 percent; and All Others – 7.26 percent.
(2) Malaysia: Inmax Sdn. Bhd. – 2.14 percent; Region International Co. Ltd. and Region System Sdn. Bhd. – 2.56 percent; Tag Fasteners Sdn. Bhd. – 39.35 percent; and All Others – 2.20 percent.
(3) Oman: Oman Fasteners LLC – 9.07 percent; and All Others – 9.07 percent.
(4) Taiwan: PT Enterprises – 0.00 percent; and Quick Advance Inc. – 0.00 percent. Accordingly, the DOC has made a negative preliminary determination with respect to nails from Taiwan.
(5) Vietnam: Region International Co. Ltd. and Region Industries Co., Ltd. – 103.88 percent; United Nail Products Co., Ltd. – 93.42 percent; Kosteel Vina Limited Company – 98.65 percent; and All Others – 323.99 percent. The dumping duty deposit rates for Region International Co. Ltd. and Region Industries Co., Ltd.; Kosteel Vina Limited Company; and All Others are slightly different from the calculated dumping margins because there is an offset for the export subsidies that the DOC found these entities received in the DOC’s previous preliminary countervailing duty determinations. The amount of the export subsidy that has been offset is 8.34 percent for all three entities.
The DOC is scheduled to make its final determinations in these AD investigations by May 8, 2015.
